Amazon Is One Stock You'll Regret not Buying Before the Next Bull Market
Don't look now, but the S 500 is a fraction of a percentage gain away from exiting the longest bear market run since 1948. A close above 4,292 will mark a new bull market. While this short-term bit of news might be exciting for some, it's really more important for investors to look past current headlines and consider the long-term implications. After all, trying to invest based on the news du jour will send you into a tizzy and often ends up being counterproductive.
Consider how short-lived market events tend to be. Do you make stock-buying decisions today based on Brexit? Does the collapse of FTX affect your investment calculations for most stocks? It's very unlikely. It won't be long before the same will be said of the recent debt-ceiling "crisis."
It's also important to keep the recent bear market in perspective. The S 500 is still 33% higher than it was at the start of 2020 (right before COVID-19 hit the U.S.). And that's despite a retreat from highs set in January 2022.
Source Fool.com
