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Noel Santos
Emmanuel A. Santos JD CPA, Incorporated
447 Sutter Street, Suite 714, San Francisco, CA 94108
Phone: 415-362-8921
Fax: 415-362-8924
Cell: 415-412-5839
Email: noel@eas-cpa.com
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Your Business...Your Family...Our Concern
October 2022
A Bear Market, A Bull Market
A BEAR MARKET
WHAT IS IT?
When a market index (like the S&P 500) falls 20% or more from its peak.
HOW OFTEN?
On average, a bear market occurs every 56 months.
HOW LONG?
On average, a bear market lasts 9.6 months.
A BULL MARKET
WHAT IS IT?
When the market has risen 20% or more above its near-term lows.
HOW OFTEN?
Bull markets have occurred for 78% of the past 91 years.
HOW LONG?
The average length of a bull market is 3.8 years with the longest being the 11-year run from 2009 to 2020.
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