Chart of the Day: Eight Months
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Today’s Chart of the Day from Nuveen shows that in all the recessions going back to 1953, on average, stocks hit their bottom six months into a recession and broke even again in eight months. It’s been so long, we often forget the pain we feel in a severely depressed market, but they are relatively short lived.
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Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.