If A prominent hedge fund investor is right, this means the ''Demand for these products will exceed supply over the long-term before reaching equilibrium'' in a secular bull market.
<h3>What is a secular bull market?</h3>
A bear market is when demand is over supply and hence prices are high. Stocks tend to rise. In a "secular" bear market, this happens for a long period.
A secular bull market is a market that is driven by forces that could be in place for many years, causing the price of a particular investment or asset class to rise over a long period.
In a secular bull market, positive conditions such as low interest rates and strong corporate earnings push stock prices higher. This long period can be years, 25 to 50 or more years . In the stock market, a bull market is typically consistent with a 20% rise in stock prices.
Thus, we can say that the right answer is D.
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