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Impressive returns for an entire calendar year, let alone a six-month period, but this is a testament to the strength of the current bull market. Of course, there is no guarantee that the run will continue, but it shows no sign of stopping just yet.
I often talk about seasonality, the idea that markets tend to do similar things at similar times over the course of the year. ‘Sell in May, and go away’ would be a popular expression of this. While I have talked before why the idea of a summer slump for stock markets may not hold true in reality, it is true, over the past 20 years, that indices do tend to run out of steam.