A “bull market” refers to a sustained period of rising asset prices — typically in the stock market — driven by investor confidence, strong economic indicators, and growing corporate earnings. The term is commonly used to describe markets that have risen by 20% or more from recent lows and often reflects optimism about future financial conditions. Bull markets can last for months or even years, and they usually occur during or following economic expansion. During a bull market, investors are more willing to take risks, and demand for stocks typically outpaces supply, pushing prices higher. Classic examples include the tech boom of the 1990s and the post-2009 recovery following the global financial crisis. Understanding the characteristics of a bull market is crucial for both new and experienced investors, as it influences portfolio strategies, timing, and expectations. A bull market is the opposite of a bear market, which reflects prolonged price declines and economic pessimism.