Monday Macro – thoughts on bear markets
History suggests that if we are in a bear market – and that is not a given – then there’s much further to fall for the US markets and more pain to come. Maybe.
Bear markets
US asset Hartford Funds has a very concise and useful guide to bear markets.
I think it’s worth perusing even though as I write US markets are back in an optimistic mood. The current sell-off hasn’t quite turned into a bear market – yet. Looking at the S&P 500, it peaked on 3rd January at 4795 and troughed at 393…
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