What just happened?
A “bear market” is typically defined as a market decline of 20% or more. Here is how long it took for the market to reach this 20% decline this year due to the coronavirus. You can see that it only took 20 days- 16 days faster than the onset of the Great Depression, and 18 days faster than the sell-off that culminated on Black Monday, 1987.
In the following presentation prepared by Hefren-Tillotson’s Investment Advisory team, we illustrate the current market environment, historical data, the government’s response to the current crisis, areas of opportunity and coming out the other side.