Bear markets are only identified in hindsight because they begin with a whimper rather than a bang.
I'm wondering if a bear market might have started with the last high set on September 3rd, the market has been drifting lower ever since.
I saw a report putting the odds of a 20% drop in Oct 2021 at 500-1
extreme long shot... but not zero.
September inflation report vs year ago came in at 5.4% today. The highest in 13 yrs.
My fear (but not a bold prediction) we are in a bear market that will last 6 months September 2021 - March 2022
26 bear markets since the 1 year bear market of Sept 1899-1900
The last 5 official bear markets
3 months July - Sept 1998
18 months March-Sept 2000-01
9.3 months Jan- Oct 2002
13.6 months Oct-Nov 2007-2008
2.1 months Jan-March 2009
The longest bear market was the great depression a market drop of 89%
2 yrs 10 months Sept 1929-July 1932
12 months March-March 1937-38