- First spike lasted over 2 months reaching -50% drawdown from ATH
- Then there was +52% dead cat bounce within 5 months, before the worst...
- Finally the market went into 27 months bear market reaching -89% drawdown from its ATH
During this bear market worldwide GDP fell 15%, for comparison in 2009 fell only 1%.
This is how The Great Depression started lasting until 1939
- Then there was +52% dead cat bounce within 5 months, before the worst...
- Finally the market went into 27 months bear market reaching -89% drawdown from its ATH
During this bear market worldwide GDP fell 15%, for comparison in 2009 fell only 1%.
This is how The Great Depression started lasting until 1939
