Sentences with phrase «secular bear market periods»

Not exact matches

It is generally agreed on that the period without many 2 % down days in the past (the late 60's and 70's) was part of a secular bear market.

That secular bear market continued through the Vietnam War, Watergate, the oil embargo, President Nixon's resignation, and stagflation — a long and frustrating time period for stocks and the economy that rivals our problems today.

3) The stock market experiences extended periods of secular bull markets and secular bear markets based on the trend in P / E ratios, which is driven by the trend in inflation.

Essentially, a secular bull period comprises several cyclical bull - bear cycles, where each bull market achieves a successively higher level of market valuation at its peak.

There have been three secular bears in the U.S. stock market — the period between 1906 to 1921, the Great Depression period of 1929 to 1949, and the stagflation period of 1966 to 1982.

An average bear market within a «secular» bear market period (a period generally about 17 - 18 years, where valuations begin at rich levels and achieve progressively lower levels over the course of 3 - 4 separate bull - bear cycles) is about 39 %, and wipes out about 80 % of the preceding bull market advance.

... The key point of this article is that relying solely on a passive strategic portfolio designed to produce near - benchmark returns in a secular bear market will do nothing but guarantee that clients will underperform long - term expectations for an extended period of time and make it likely that they will fail to achieve their financial planning goals.