S&P 500 Enters Bear Market with 21% Decline After 12.1% Drop, Fourth in Seven Years Amid Record-High Global Debt

The S&P 500 crossed into bear market territory last week with a peak-to-trough decline of over 21%. This was the 4th bear market for the index in the last 7 years and the 5th correction of more than 20% since the March 2009 low. Video: https://t.co/YKktJdSi4l https://t.co/0lZ6oRZc6s

Bear markets come in 3 types: structural, cyclical, and event-driven. Structural bear markets are the most severe, with average declines near -50% (see chart). With global debt at record highs, the IMF says the risk of a structural bear market is rising. While today’s market https://t.co/ghPs8IysSv

BEAR MARKETS: HISTORY’S MOST BRUTAL LOSSES The S&P 500’s worst meltdown? The 2007–2009 financial crisis — a savage 57% nosedive in 17 months, followed by a 49-month recovery where optimism died and avocado toast got blamed for everything. The longest bear? 1973–1974 https://t.co/miRbTyGlwN https://t.co/6H21s3OyvK