The world of investing is often characterized by its cyclical nature, with periods of significant growth, known as bull markets, inevitably followed by periods of decline, or bear markets. Understanding the historical patterns of these market phases can provide valuable perspective for investors. A recent report from Mercer, titled "Bull & Bear Charts" as of June 2025, offers a deep dive into these trends for both the Australian All Ordinaries and the US S&P 500 indices.
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