Thursday, May 21, 2009

The Almost Daily 2¢ - Five “Real” Bad Bears

Obviously this is a knock-off on the excellent charts posted at but with the slight twist of adjusting for inflation (CPI for all except the Nikkie for which I used Japans general inflation index).

So the Great Depression era bear market took 360 months (30 years) to resolve while the early 70s bear took less than half that time at a mere 176 months (14.6 years).

Notice also that even 232 months (19.3 years) into the decline and the NIKKIE is still making new lows.

As for our current U.S. bears, they look grim but still young and spry… full of life… probably getting ahead of themselves as they wish that some day they too will grow down to be seriously big bears!