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When Bear Markets End




      www.skloff.com
The Turnaround of July 1982

In the spring of 1982:
   The U.S. economy was contracting
   The stock market was down
   Oi...
The Turnaround of July 1982

By the summer of 1982:
  Inflation had declined to single digits
  Inflation was down from 14...
S&P 500 Went on a Tear




   www.skloff.com
The Turnaround of July 2009

By the summer of 2009:
  The Index of Leading Indicators had begun to climb
  June 2009 was t...
Leading Indicators Signaling the Recession’s End




                www.skloff.com
S&P 500 on a Tear Again – 03/09/09 to 07/24/09




               www.skloff.com
Goodbye Bear!




www.skloff.com
Sources: Source: FactSet and Morningstar Encorr, Fidelity Investments, Institute of Supply Management, New York Times
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When Bear Markets End - Aaron Skloff, AIF, CFA, MBA - CEO Skloff Financial Group

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When Bear Markets End

Skloff Financial Group
www.skloff.com

Published in: Economy & Finance, Business

When Bear Markets End - Aaron Skloff, AIF, CFA, MBA - CEO Skloff Financial Group

  1. 1. When Bear Markets End www.skloff.com
  2. 2. The Turnaround of July 1982 In the spring of 1982: The U.S. economy was contracting The stock market was down Oil prices were very high Consumer morale was poor www.skloff.com
  3. 3. The Turnaround of July 1982 By the summer of 1982: Inflation had declined to single digits Inflation was down from 14%+ in March of 1980 The Fed had cut rates for nearly a year The target rate was 9.5% This is down from a historic high 19% in June 1981 The Index of Leading Indicators had begun to climb www.skloff.com
  4. 4. S&P 500 Went on a Tear www.skloff.com
  5. 5. The Turnaround of July 2009 By the summer of 2009: The Index of Leading Indicators had begun to climb June 2009 was the third consecutive monthly rise The annualized rate of increase was 12.8% 6 of 7 recessions since 1960 ended with 12% gains If over, this 22-month recession is the longest since The Great Depression www.skloff.com
  6. 6. Leading Indicators Signaling the Recession’s End www.skloff.com
  7. 7. S&P 500 on a Tear Again – 03/09/09 to 07/24/09 www.skloff.com
  8. 8. Goodbye Bear! www.skloff.com
  9. 9. Sources: Source: FactSet and Morningstar Encorr, Fidelity Investments, Institute of Supply Management, New York Times

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