Bear markets
Here’s a great chart courtesy of dchart.com that compares the depth and duration of four significant bear markets of the past century:
With the way the currency markets are seemingly tied at the hip of the equity markets it certainly makes sense to pay attention to the gyrations of the DJIA and S&P 500 these days.
Looks like the equity markets might actually end on a high today. With the way they’ve been bouncing around it could have ended either way…
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