Key points:
- A “bear market” is when stocks see a 20 percent decline or more from a recent high — but they’re also marked by overall pessimism on Wall Street.
- Since World War II, bear markets have lasted 13 months on average, and stock markets tend to lose 30.4 percent of their value.
- During those conditions it usually takes stocks an average 22 months to recover, according to analysis from Goldman Sachs and CNBC.
See link for chart and more details:
https://www.cnbc.com/2018/12/24/whats-a-bear-market-and-how-long-do-they-usually-last-.html
Submitted December 26, 2018 at 08:18AM by markyu007 http://bit.ly/2SleRFj
