MrFireStation posted: " My son sent me this hopeful chart today. It shows how the stock market has fared following a 25% decline in the S&P 500 over the last 70 years. Of course, as they say, past performance is no predictor of future performance. Still, it is nice " MrFireStation
My son sent me this hopeful chart today. It shows how the stock market has fared following a 25% decline in the S&P 500 over the last 70 years.
Of course, as they say, past performance is no predictor of future performance. Still, it is nice to see that big market drops have historically turned back to growth rather quickly.
I had hoped that our bear market had ended back in May. Since then, it went up and then way down. It's now down 4% from what I hoped was the bottom (S&P: 3,744 vs 3,901).
The next question will be how long the market takes to completely recover its losses? The chart doesn't show that well. The 1973-74 bear market, for example, took a full 10 years to get back to the same value.
How long do you think it will take for the market to reach their previous high again (4,793 on 1/6/22)?
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