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.
 
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Susan B. Weiner, CFA
Investment Writing
Writing that's an investment in your success

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