By Teeka Tiwari
Since the beginning of the year, I’ve warned you to buckle up for a rollercoaster ride in the markets…
I’ve told you that record-high inflation… interest rate hikes… and geopolitical uncertainty would lead to a “cyclical” bear market.
And that’s come to pass. We’ve seen the broad market drop 24% and the crypto market drop 72% at its trough.
If you’re unfamiliar with market cycles, there are two types: Secular and cyclical.
Secular markets are long-term “one-way” directional moves that generally last between 12 and 20 years.
Within these secular markets, we also have shorter “cyclical” markets. They can last from three to 18 months.
Right now, I believe we’re in a cyclical (short-term) bear market… within an overall larger secular (long-term) bull market.