Sunday, May 17, 2009

Bear Market 1990 & Gulf War



Chart from Clusterstock.com

This bear market coincided with the presidency of George Bush Sr. and the Gulf War. This bear market was very short and the market dropped 19.9% from July 1990 to October 1990. The S&P 500 traded down from 368.95 to 295.54 and then recovered to make new highs.

No comments: