Group 1 - The core viewpoint is that different asset classes have their own inherent bull and bear market cycles, with varying durations [2][4][5] - The bull and bear market cycle for stocks typically lasts between 3 to 10 years, with shorter cycles of 3-5 years and longer cycles of 7-10 years [2] - Gold has experienced a significant bear market lasting 5 years from 2011 to 2016, which is longer than the historical longest bear market in A-shares [2] Group 2 - The real estate market has an even longer bull and bear market cycle, averaging 15-20 years [4] - The last real estate bear market bottomed in 2008, while the peak of the previous bull market occurred around 2018, marking the highest valuation for real estate industry stocks [4] - Since 2018, the real estate sector has entered a bear market that is still ongoing [4]
股票黄金债券房地产，牛熊周期分别有多长？｜投资小知识
银行螺丝钉·2025-09-12 13:51