[quote=patientrenter]It’s way too early for a sustained rebound, esmith. We are just 2-3 years beyond the real estate peak, and the stock market was at a peak just a year ago. [/quote]
How long would you expect the bear market in equities to last?
2000 recession: 29 months (prolonged by inadequate government response and 9/11)
1991 recession: 3 months
1981 recession: 21 months
1973 recession: 21 months
1962 recession: 6 months
We’re 14 months into the bear market, I’d argue that the correction has been helped along by the collapse of Lehman. So, what could’ve been a slow decline ended up a V-shaped market crash.