How Deep Will the Current Stock Market Drawdown Go?

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Stocks Analysis by James Picerno covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read James Picerno's latest article on Investing.com

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

3 Stocks Set to Deliver Explosive Profit Growth This Earnings SeasonStocks Analysis by Investing.com (Jesse Cohen) covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Investing.com (Jesse Cohen)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Is It Time for Utilities Stocks to Stop Stinking up the Joint?Stocks Analysis by Chris Kimble covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Chris Kimble's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Has Stress Fractures but No Clear BreaksStocks Analysis by Michele Schneider covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Michele Schneider's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »