How Lengthy Does the Common Bear Market Final?

Bear markets have an extended historical past with the S&P 500, Nasdaq Composite and Dow Jones Industrial Common indexes they usually have returned on account of the financial turmoil attributable to inflation, rising rates of interest, excessive gasoline costs and fallout from the Russian invasion of Ukraine.

Some bear markets have occurred throughout recessions with a decline within the gross home product and excessive unemployment, however that isn’t the case with present bear markets, not less than to this point.

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

Source link

Earning from Paid Surveys has never been easier

Build your website!

Subscribe to our newsletter!