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.
To view the entire presentation, please click here to download.