Sentences with phrase «historical bull and bear markets»
For our first Bespoke Reference report, we highlight historical bull and bear markets of the S&P 500 since 1945.
http://bespokeinvest.typepad.com/ Not exact matches
The favorable market performance associated with many historical economic expansions is fully accounted for by 1) favorable post-recession valuations, with the S&P 500 averaging less than 9 times prior peak earnings at the recession low, expanding to just over 11 times peak earnings in the first year of the bull market, and 2) favorable trend uniformity, which typically emerges almost immediately in the form of a powerful breadth thrust off of a bear market low, and is confirmed within a few weeks by much broader trend uniformity.