Useful quarter-end fact from The Wall Street Journal
Here is a useful tidbit for your quarterly investment commentary from the June 28-29 issue of The Wall Street Journal:
- Bear markets average 14 months and recover within a year of their bottom, according to Sam Stovall of S&P in “What to Do to Survive This Market”
The 14-month average is also cited in “Dow Hits Bear-Market Territory, Signaling Woe for Economy,” but attributed to Ned Davis Research. It’s accompanied by a graph showing the healthy gains the Dow has earned in the year following each bear market’s end since the 1960s.