To put the speed of this plunge into perspective, the fastest peak-to-trough bear market that saw losses in the area of 30% or worse occurred in 1933. That one took a little more than 3 months to get to a loss of 29.8% while this one is a similar drawdown in one-third of the time.


Read the Full Article Here:

Author: Ben Carlson

The offering, sale, and/or distribution of the products or services described on this website are not intended for any U.S. Person. If you intend to obtain any product or service from Prime Quadrant that is described on this website, you must first inform Prime Quadrant whether you are a U.S. Person. This website and its contents do not constitute an offer or invitation to purchase or subscribe for any securities or a solicitation of any offer to sell any securities to U.S. Persons. “U.S. Persons” are generally defined as natural persons, residing in the United States or entities organized or incorporated under the laws of the United States. U.S. citizens living abroad may also be deemed “U.S. Persons”.

Copyright © 2021 Prime Quadrant. All rights reserved.