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olya-2409 [2.1K]
3 years ago
13

Over the last six years, prices and investing activity in the bond market rose for two years and then fell consistently for the

next four years. How is this market classified? Primary bull market Secular bull market Secular bear market Primary bear market
Business
1 answer:
bezimeni [28]3 years ago
8 0

Answer:

Secular bear market

Explanation:

A secular bear market is a long term trend that lasts between 5 to 25 years which consists of a smaller bull market and a larger bear market. It means that a small period of increase in prices is followed by a prolonged period of a decrease in price.

A secular bear occurred between January 1980 to June 1999 in the gold market.  During this time, the price of gold fell   $850/oz  to  $253/oz

A secular bull market is a long term trend that lasts between 5 to 25 years which consists of a small period of decline in prices is followed by a prolonged period of a rise in price.

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