Wednesday, July 2, 2008

Useful quarter-end fact from The Wall Street Journal

Here is a useful tidbit for your quarterly investment commentary from the June 28-29 issue of The Wall Street Journal:
  • Bear markets average 14 months and recover within a year of their bottom, according to Sam Stovall of S&P in "What to Do to Survive This Market"
The 14-month average is also cited in "Dow Hits Bear-Market Territory, Signaling Woe for Economy," but attributed to Ned Davis Research. It's accompanied by a graph showing the healthy gains the Dow has earned in the year following each bear market's end since the 1960s.
Susan B. Weiner, CFA
Investment Writing
Writing that's an investment in your success

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