The secular bull market remains intact, even though the United States is in a recession. As we’ve discussed before, a secular bull market is a long-term upward trend in the market. The last one we had was from 1982 through 2000. That secular bull market endured the 1987 stock market crash, the 1990 recession, and the 1994 near recession. The average secular bull market lasts 14 years, with the shortest lasting just 9 years. We began our secular bull market in 2013, giving us reason to believe that the markets will continue to generally trend up for several years to come.