Is A Recession Necessary For The S&P 500 To Fall 20% From All-Time Highs?
September 02, 2015 at 13:15 PM EDT
Is it possible for a bear market to occur when the U.S. economy is expanding? Certainly. In fact, most bear markets are already well on their way to becoming 20% price declines long before a recession is formerly identified. Consider the most recent bearish retreat (10/07 – 3/09). The National...