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Secondly, from the economic point of view, the emergence of bull market is usually related to economic growth, policy support, market confidence and other factors. When these factors work together, the stock market tends to show an upward trend, thus forming a bull market. However, when these factors change or are impacted, the stock market may also have a downward trend and form a bear market. Therefore, the existence of a bull market is closely related to the macroeconomic environment.Secondly, from the economic point of view, the emergence of bull market is usually related to economic growth, policy support, market confidence and other factors. When these factors work together, the stock market tends to show an upward trend, thus forming a bull market. However, when these factors change or are impacted, the stock market may also have a downward trend and form a bear market. Therefore, the existence of a bull market is closely related to the macroeconomic environment.

Regarding the view that "the bull market is dead", I think it needs to be analyzed from multiple angles.Regarding the view that "the bull market is dead", I think it needs to be analyzed from multiple angles.

First of all, from the perspective of the stock market, bull market and bear market are cyclical manifestations of the stock market, and they appear alternately, forming fluctuations in the stock market. Therefore, the bull market does not exist forever, it will appear and end in a certain period of time. However, this does not mean that the bull market has completely disappeared or will not appear again. The periodicity of the stock market determines the alternation of bull market and bear market, so the bull market may still appear again in the future.First of all, from the perspective of the stock market, bull market and bear market are cyclical manifestations of the stock market, and they appear alternately, forming fluctuations in the stock market. Therefore, the bull market does not exist forever, it will appear and end in a certain period of time. However, this does not mean that the bull market has completely disappeared or will not appear again. The periodicity of the stock market determines the alternation of bull market and bear market, so the bull market may still appear again in the future.Furthermore, from the perspective of investors, both bull market and bear market provide investment opportunities and risks. In the bull market, investors can seize the rising opportunity to gain income; In the bear market, investors need to choose the investment target and timing more carefully to reduce the risk. Therefore, regardless of whether there is a bull market or not, investors need to remain rational and calm, and formulate reasonable investment strategies.