p*******k 发帖数: 20 | 1 Bear markets: painful, but not uncommon
* There have been 13 bear markets (periods when the stock market
declines by 20% or more from peak to trough) since 1926, an average of one
every six years.1
* Down 43% in the past 12 months (October 2007 peak to October 2008
trough), the current downturn already ranks as the fifth worst bear market
ever, just behind 1973-74 and 2000-02.
* However, the duration of the downturn so far is relatively short, only
12 months versus an average duratio | K**r 发帖数: 2193 | |
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