How Long Does the Average Bear Market Last?

Bear markets have a long history with the S&P 500, Nasdaq Composite and Dow Jones Industrial Average indexes and they have returned as a result of the economic turmoil caused by inflation, rising interest rates, high gasoline prices and fallout from the Russian invasion of Ukraine.

Some bear markets have occurred during recessions with a decline in the gross domestic product and high unemployment, but that is not the case with current bear markets, at least so far.

The S&P 500 joined the Nasdaq Composite in a bear market on June 13 after recording a 21% decline since reaching its high of 4,796 on Jan. 3, 2022. S&P’s previous bear market was its shortest one lasting about a month from Feb. 19, 2020, to March 23, 2020, when the index fell 34%, CBS reported.

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