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Analysis: Early or late cycle? Fast-running bull market unnerves investors

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By Thyagaraju Adinarayan and Sujata Rao LONDON (Reuters) – Will history’s longest-ever bull market be followed by one of the shortest? It’s been just over a year since a new business cycle kicked off, yet the speed at which it’s progressing is unnerving some investors who fear the swift-running bull market is headed for an abrupt end over the coming year. Some, pointing to higher-than-usual equity returns and valuations for this stage of the cycle, are even asking whether this could just be the same, decade-old bull market which survived last year’s COVID-19 blow. Either scenario isn’t great f…

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