A bull market is a market condition characterized by rising prices and optimistic sentiment. During a bull market, investors are generally more optimistic about the state of the economy and the prospects for future growth, leading to an increase in demand for securities. This can result in a rise in the value of investments, such as stocks, bonds, and other securities.
Bull markets can be caused by a variety of factors, including economic growth, rising corporate profits, low unemployment, and other events that may boost investor confidence. Bull markets are typically contrasted with bear markets, which are characterized by falling prices and pessimistic sentiment.