Sunday, May 17, 2009

Bear Market 1990 & Gulf War

Chart from

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.

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