How does this bear market compare with the previous ones having at least the same duration? Fig. 18 provides the answer (click graph to enlarge). The current bear market is 13 months long.
The longest bear market was the one of 2000-2002, which lasted a grueling 26 months. The 1972-1974 bear market was the second longest bear market (22 months).
The other three long bear markets were those of 1980-82 (21 months), 1968-70 (19 months), and 1959-60 (16 months).
The bottom line is that this bear market may last between 3 and 13 more months. I think this is an interesting statistical curiosity -- no more, no less.
More, much more when you subscribe to The Peter Dag Portfolio by going to https://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
No comments:
Post a Comment