NewsFeeder
12-25-2018, 09:10 AM
This still looks like just a stock-market correction, not something worse
The stock market’s recent correction has been more abrupt than you’d expect if the market were in the early stages of a major decline. Consider the losses incurred by the Dow Jones Industrial Average over the first three months of all bear markets of the last 80 years. The stock market’s decline since the all-time highs, in contrast, has been nearly twice as large: The Dow (DJIA) has skidded 18.7% from its Oct. 3 record close, for example, and the S&P 500 (SPX) 19.8% from its Sept. 20 record close.
https://finance.yahoo.com/m/f1edc5b8-20e0-3659-8dc1-e28110377e29/this-still-looks-like-just-a.html?.tsrc=rss
The stock market’s recent correction has been more abrupt than you’d expect if the market were in the early stages of a major decline. Consider the losses incurred by the Dow Jones Industrial Average over the first three months of all bear markets of the last 80 years. The stock market’s decline since the all-time highs, in contrast, has been nearly twice as large: The Dow (DJIA) has skidded 18.7% from its Oct. 3 record close, for example, and the S&P 500 (SPX) 19.8% from its Sept. 20 record close.
https://finance.yahoo.com/m/f1edc5b8-20e0-3659-8dc1-e28110377e29/this-still-looks-like-just-a.html?.tsrc=rss