Instead, we should look at bear markets as no different than bull markets in terms of our objectives as investors. As the left side of the chart shows, the S&P 500 bear markets of the 1980s and 1990s were so fast, it is like they never happened. The S&P 500 price levels at that key point: the bear was officially “on” at around the 1230 price level. The bear market of 2008The bear market surrounding 2008 was similar. The relevant S&P 500 numbers here were 1288 at “bear on” signal, 940 at the “bear off” signal, and again in the sub-700 number in between.

Source: Forbes May 17, 2020 12:56 UTC