Maturing bull market faces some early tests to begin 2026
Bull markets are almost never cut short by geopolitical flareups, in case anyone is wondering. More often they are treated either as exacerbating factors to an already-weak trend (the 9/11 attacks, the 2022 invasion of Ukraine), clarifying moments that boost risk markets (Battle of Midway in 1942, the U.S. invasion of Iraq in 2003) or…