- The equity markets, along with real estate, may not recover to their previous all-time highs for at least a decade, according to Chris Vermeulen, chief market strategist of TheTechnicalTraders.com. "The scenario that we've had in the equities market has been very extreme. A hedge fund manager came out on Market Watch and he kind of said what I was thinking which is...he thinks there's going to be a decade-long bear market in equities.
By comparison, the S&P 500's and NASDAQ's current bear cycles only accumulated losses of 21% and 32%, respectively, from their highs in late 2021, but more downside action can be expected after another"complacency rally", he said.
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