
Thursday, May 7, 2020
Chart of the Week – 5/7/2020
Key Takeaways
We have talked recently about the vigor of the current rally in US equities. The chart of the week (below) is a stark illustration of where we are right now. The gray line (excluding the Great Depression) and black line (including the Great Depression) look at an average of all bear markets—from peak to trough to recovery—in US stocks from 1870 to the present.