bull

Despite some recent jitters, we are still in a bull market for the S&P 500.

“In short, we believe a new bull market and rolling recovery began in April which means it’s still early days, and not obvious, especially for many lagging parts of the economy and market,” says Wilson.

Ben Earl, who made a huge 20 carries despite spending 10 minutes in the sin-bin, crashed around like a bull in an All Black shop.

Yet overall consumer spending — the main engine of the economy — has held up well due to a big increase in wealth for upper-income households, thanks to a prolonged bull market.

The recent selloff appears to have let some froth out of the market, but without endangering the three-year bull run in stocks.