Sam Stovall on Why Year 3 of a Bull Market Could Be a Challenging One Artwork

Market Misbehavior Podcast

On the Market Misbehavior Podcast, host Dave Keller, CMT, keeps things real as he breaks down what’s moving the markets and why it matters to investors. With a genuine, down-to-earth approach, Dave chats with top investment experts about what they’re seeing in the markets and digs into the psychology that shapes our investing choices. It’s not just market talk—it’s about helping you understand the bigger picture and avoid common pitfalls. Whether you’re a seasoned investor or just market-curious, tune in for straightforward talks and friendly advice you can count on.

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Market Misbehavior Podcast

Sam Stovall on Why Year 3 of a Bull Market Could Be a Challenging One

March 18, 2025 • Dave Keller, CMT

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In the latest episode of the Market Misbehavior podcast, I talk with Sam Stovall, Chief Investment Strategist at CFRA Research. We discuss seasonal market tendencies and why the third year of a bull market is often when the bears wake up from hibernation. Sam also shares insights on how markets climb a “wall of worry,” which macro data points could be concerning in 2025, and which top performers from 2024 might continue to lead in the year ahead.

You can learn more about Sam and his work at CFRA Research at https://www.cfraresearch.com/.

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