GSI Banner
  • Free Access
  • Contributors
  • Membership Levels
  • Grey Swan Forecasts
  • Video
  • Origins
  • Sponsors
  • My Account
  • Sign In
  • Join Now

  • Free Access
  • Contributors
  • Membership Levels
  • Grey Swan Forecasts
  • Video
  • Origins
  • Sponsors
  • Contact

© 2026 Grey Swan Investment Fraternity

  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions
  • Do Not Sell or Share My Personal Information
  • Whitelist Us
Ripple Effect

The Bull Market Turns Four

Loading ...Addison Wiggin

October 14, 2025 • 1 minute, 18 second read


Bull Market

The Bull Market Turns Four

The last real bear market – excluding the Liberation Day selloff earlier this year – ended in mid-October 2022.

The stock market is now completing the third year of a bull market run, and going into a fourth year.

Here’s how the current rally stacks up with the first three years of historic bull markets:

Turn Your Images On

After three years, the current bull market is stronger than average (Source: Carson)

Our current bull market is stronger than average, coinciding with the retail rollout of ChatGPT.

In year four, we could expect smooth sailing – except this year we’re in the early stages of a terrifying bull market, driven by investors getting out of a weak dollar, not anything fundamentally sound in stocks.

For now, the bulls are clearly in control. And, as we saw yesterday, investors are likely to lap up stocks and other risk-on assets on every dip.

~ Addison

 

P.S. Our latest research with Ian King regarding Dollar 2.0, which we filmed last Tuesday, will be released on October 16 in a special edition of Grey Swan Live!

The next regulatory environment for stablecoins favors three companies. We expect they will dominate the new monetary system as Trump guides digital assets into the mainstream.Our estimate? $20 trillion dollars will migrate to these platforms. That’s a Grey Swan event, if there ever was one.

Keep your eyes peeled this Thursday.

For an email reminder to receive our Dollar 2.0 research, please add your info here.

Turn Your Images On

If you have any questions for us about the market, send them our way now to: feedback@greyswanfraternity.com.


You Can’t Print That!

March 13, 2026 • Andrew Packer

The Federal Reserve can print money, but it can’t print oil. As energy prices surge and supply disruptions loom, the central bank may find itself with limited tools to fight inflation driven by real-world shortages.

You Can’t Print That!
The SPR Drain Is Worse than You Think

March 13, 2026 • Andrew Packer

The plan to release 172 million barrels from the Strategic Petroleum Reserve would leave the U.S. with its smallest stockpile of emergency oil in more than four decades. And with tensions simmering globally, the shrinking reserve raises uncomfortable questions about how prepared the U.S. is for the next supply disruption…

The SPR Drain Is Worse than You Think
Now The West Begins To Panic

March 12, 2026 • Addison Wiggin

The IEA is weighing the largest coordinated oil reserve release in its history, but global supply risks remain as tanker traffic through the Strait of Hormuz faces ongoing disruption…

Now The West Begins To Panic
When Macro and Seasonality Collide

March 12, 2026 • Andrew Packer

Headlines, a sluggish labor market, and persistent inflation are keeping the tone bearish, despite seasonal trends that usually turn bullish. But long-term investors can still find oversold opportunities if they buy strategically now…

When Macro and Seasonality Collide