Happy bull market anniversary! The bull just turned 3 years old.
Since bottoming on Oct. 12, 2022, when the S&P 500 closed 25.4% lower into a bear market following the start of the Federal Reserve’s rate-hiking campaign, the index has climbed a wall of worry back to all-time highs.
Passing this milestone typically bodes well for the sustainability of the advance, history shows.
“Since WWII, the eight bull markets that celebrated their third year lasted a total of nearly 6.5 years, gaining an average of 213%,” Sam Stovall, chief investment strategist at CFRA Research, wrote Sunday. “This bull market rose 89% through its recent peak on October 8, so from a duration and magnitude perspective, this bull likely has much further to run.”
Source: https://www.cnbc.com/2025/10/13/the-bull-market-just-turned-3-years-old-how-long-do-they-typically-last-after-making-that-milestone.html