Although American shares continue to hold on to a strong rally from the year-ago bottom, reclaiming the previous market peak is nowhere on the near-term horizon.
But there’s also precedent for much longer drawdown periods. The three longest ranged from 1,376 trading days to nearly 1,900 . In mid-1975, when the market looked to be well on its way to recovering, the roughly -20% drawdown swooned anew, dropping to more than -30% before regaining its footing.There was a subsequent setback starting in 1976 that marked the beginning of a nearly 2-year retreat – a hefty drawdown within a drawdown.
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स्रोत: Investingcom - 🏆 450. / 53 और पढो »