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© Reuters.
By Investing.com Employees
Whereas the simply formally entered bear market territory early this week, traders are already waiting for the top of the present bear and the beginning of the subsequent bull run.
Knowledge from S&P Indices, the group behind the S&P 500, notes that the typical bear market produces a unfavorable 38.3% return and lasts 18.6 months.
The present bear market formally began on January 3, 2022, and the official beginning value of the present bear market is 4796.56. Whereas each bear market is completely different, the typical bear market knowledge suggests the present bear market will finish in September 2023, with the S&P 500 at 2959, or 20% decrease than present ranges.
In flip, S&P Dow Jones Indices notes the typical bull market has a return of 177.8% and lasts 21.4 months.
If the S&P 500 does get under 3,000 however then a brand new bull run ensues that might get the index to eight,220.1 and final till the summer time of 2025.
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