Why The S&P 500's Record High From Last May Seems So Far Away
January 05, 2016 at 17:15 PM EST
Some bear markets feature dreadful price catastrophes that occur quickly. At the onset of last decade’s banking crisis, the S&P 500 plummeted close to the requisite 20% bear level in a five month period between October of 2007 and March of 2008.
