Here's how long stock market corrections last and how bad they can get

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The U.S. stock market fell into correction territory today amid coronavirus fears. So what are corrections, and how long do they last?

There have been 26 market corrections since World War II with an average decline of 13.7% over an average of four months.The most recent corrections occurred from September 2018 to December 2018. The S&P 500 bounced into and out of correction throughout the autumn of 2018 before plunging into a bear market on Christmas Eve.

The Dow and the S&P 500 fell 2.25% and 2.3% on Thursday, respectively, and were each on track to close in correction territory based on their recent record close. The S&P 500 and Dow are each down more than 9% since Monday and more than 10% each since their respective all-time intraday and closing highs hit earlier in February.closes below 3,047.

There have been 12 bear markets since World War II with an average decline of 32.5% as measured on a close-to-close basis. The most recent was October 2007 to March 2009, when the market dropped 57% and then took more than four years to recover. The S&P 500 closed in a bear market in December 2018 using intraday data.— CNBC's

 

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GurayMollaoglu

elonmusk has a plan to nuke the poles of Mars to warm the planet and create an atmosphere. Pack your bags! My foot’s outside the door. I got a date, I can’t be late. zeppelin

The flu causes 3 to 5 million cases of severe illness, and about 290,000 to 650,000 deaths EVERY YEAR (WHO), 10 to 13% death rate. COVID-19 has 81,000 confirmed infections. 96% in China. 2,762 deaths at a death rate of 3.4%. And GoldmanSachs tanking the year? Reckless!!!

Stop worrying about fucking money and start worrying about the FACT that your money is no use against a virus.

I don’t think this virus is going to be cured by low interest rates ..I also think the mkt is scared that corona will be trumps Katrina which is here in sanders as president

The real question now is if coronavirus causes a US recession. It will almost assuredly cause Chinese recession, but will it cause global and US recession? If so, voters probably won't care about the cause come November.

Doesn't matter, Trump will claim a success whatever happens!

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