The S&P 500 closed the week with a 3.2% gain over last week's close, and it is back above the 50-day moving average (illustrated here). The index is 58.1% above the March 9th low, which is 31.7% below the peak in October 2007.
The S&P 500 closed the week with a 3.2% gain over last week's close, and it is back above the 50-day moving average (illustrated here). The index is 58.1% above the March 9th low, which is 31.7% below the peak in October 2007.
Click here to review the previous rallies during the current bear market, and here's a table showing the 1929-1932 Dow rallies.
Since inflation is a favorite topic on this website, I now regularly update a set of charts to facilitate a comparison of the nominal and real declines. See also my logarithmic scale view of the "Four Bad Bears" comparison.
For charts of other bear market recoveries, see The Bear Bottoming Process.
Since inflation is a favorite topic on this website, I now regularly update a set of charts to facilitate a comparison of the nominal and real declines. See also my logarithmic scale view of the "Four Bad Bears" comparison.
These charts are not intended as a forecast but rather as a way to study the current decline in relation to three familiar bears from history.
For a better sense of how these declines figure into a larger historical context, here's a long-term view of secular bull and bear markets in the S&P Composite since 1871.
For a bit of international flavor, here's a chart series that includes the so-called L-shaped "recovery" of the Nikkei 225. I update these weekly.
