After not playing baseball for 3 years in college because of having a total hip replacement, and then coming back to play professionally once I graduated, and get the opportunity to play on a team like the @wcthunderbolts we had in 2007 and 2008...it was like a dream come true. This was a night I will never forget.
During this period, the average expansion was approximately 58 months, and the average contraction was approximately 11 months. Expansion is the default mode of the U.S. economy, and the average expansion time period has continued to average longer over time.
The average length of recession-induced bear markets is 491 days, more than twice the duration of stand-alone bear markets. The 1990 decline was the only brief recession-induced bear market, lasting less than 100 days. The next set of charts shows the decline in the S&P 500 from peak to trough during each bear market.he next set of graphs shows the Price-to-Peak-Earnings Ratio at the start of each bear market. Stand-alone bear markets have begun at higher valuations, on average. Except for the 1976 and 1983 declines that started at less than 12 times earnings, most began at or above current valuations.