Weekly Update: June 21: The Bear Market Has Officially Arrived: Click here to read more

Share Post: facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.

By Debra Taylor, CPA/PFS, JD, CDFA™

 

Dear Friends,
The S&P 500 is in a bear market, after closing on Monday, June 13th, with a greater than 20% decline from its recent peak. A look back at past bear markets shows that there is good news and bad news once the large-cap index has crossed that symbolic threshold.

Since 1929, the S&P has experienced more than two dozen bear markets. This time, it has been a quicker-than-average descent into bear territory, at 111 trading days since the Index’s January 3 record high, according to Dow Jones Market Data.
The median bear market peak-to-trough decline for the S&P has been almost 28%, with the average bear markets lasting about ten months, on average.
What may be even more important, longer-term returns for the S&P after falling into a bear market are positive. Since 1950, the Index has been higher 75% of the time, three months after falling into a bear market. It has also been positive 75% of the time a year later, with a median gain of 26%. Patience is definitely rewarded when the market turns bearish.
Please reach out with any questions.
Debbie
Share:
facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.
Share Post: facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.

RECENT POSTS

1 2 3 215 216 217

Get in Touch

In just 15 minutes we can get to know your situation, then connect you with an advisor committed to helping you pursue true wealth.

Schedule a Consultation