The following are three different development trends that may appear in the second half of the bull market:

1. Slow bull market driven by policies

If Trump succeeds in taking office, the United States may gradually implement a series of favorable policies. In this case, other countries may follow the United States's approach.

In this way, the market is very likely to follow the trend of the US stock market and start a slow bull market. In this development path, the overall market presents a relatively stable and continuous upward trend, not the kind of crazy trend that rises sharply in the short term.

2. Bear market that turns sharply after the outbreak of crazy bull market

As some favorable conditions are gradually realized, the market may suddenly break out of the crazy bull market. At this stage, investors will fall into extreme "fomo" emotions, that is, the panic psychology of fearing to miss the opportunity to make money, and then rush into the market.

However, this frenzy is often difficult to sustain. After reaching a peak, the market will plummet rapidly.

Then, the bear market will come, and at that time, just like the previous round of market, a lot of negative and ugly events will gradually surface.

At the same time, regulatory authorities will also tighten policies due to the sharp fluctuations in the market, which will undoubtedly further push the market towards a bear market and cause the market to continue to be sluggish.

3. The market fluctuates but tends to develop healthily

Although the market will still fluctuate to a large extent, the overall development trend is becoming healthier and healthier.

Different from the previous situation of falling into a deep bear market, even if the market falls and adjusts this time, it will not be in such a serious deep bear market.

In other words, the market can recover relatively quickly after experiencing fluctuations, and continue to maintain a certain vitality and development trend.