Three weeks ago, Wall Street narrowly escaped a bear market, with stocks rebounding at the last minute from a brutal drop that had brought the S&P 500 down 20 percent from a record high in January. The bear market in 2020, however, lasted only a relatively short six months. A History of Bear Markets Melina Delkic and Lora Kelley šReporting from New York A History of Bear Markets Melina Delkic and Lora Kelley šReporting from New York Dave Sanders for The New York Times A bear market is when stocks fall 20 percent from a recent high. A History of Bear Markets Melina Delkic and Lora Kelley šReporting from New York OFF/AFP/Getty Images The most infamous bear market was during the Great Depression. A History of Bear Markets Melina Delkic and Lora Kelley šReporting from New York Duane Howell/The Denver Post via Getty Images A bear market in the 1960s preceded a recession.
Source: New York Times June 13, 2022 16:44 UTC