Skip to content

All of our locations will be closed on Friday, July 4, in celebration of Independence Day. 

Attend a free seminar to learn the tools of a proper estate plan so you can choose the right path for you and your loved ones.

Need to upgrade your car or want to buy an RV? Our loans can help meet your needs. Loans subject to credit approval. 

Get Started 863-222-7005

Chart of the Day: Corrections are Loud, Recoveries are Quiet

chart dated from 1960 to 2020 with market peaks in green and lows in red

Contents

Today’s Chart of the Day is provided by my colleague and fellow Portfolio Manager Angie Parsons. The chart, prepared by YCharts, shows the “Bull Market” (when the market is up 20%) and “Bear Market” (when the market is down 20%) and highlights the duration of each. Not surprisingly, since the market is up over longer periods of time, there is more green than red. What is surprising is the magnitude. Even though 20% downturns seem severe while we are in them, usually in the long run, they are just bumps in the road. YCharts noted a great statement describing the chart saying, “Corrections are loud, recoveries are quiet.”