Monday, May 11, 2009

Bear Market 1961-1962



Chart from Clusterstock.com

The S&P 500 hit a high of 72.64 in December of 1961 before dropping for 7 months. The low was hit in July of 1962 at 52.32. This was a 28% decline off the highs in total. The market based out for 5 months before rallying for a 33% gain over the next 12 months. John Fitzgerald Kennedy was the president during this time period.

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