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Peak Pessimism (EP.262)
Animal Spirits Podcast
How Long Do Stocks Stay in a Bear Market?
The average number of days to go down 20 per from the peak is like 236. Seven out of 12 have bottomed in forty six days or less, once that 20 % level was reached. This is since world war two. And it's kind of funy. There was two of em in 19 forty eight, nine. And then 19 57, it literally hit down 20% Then that was the bottom.
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