Is the Coronavirus Bear Market Finally Over?
The stock market has seen one of its fastest bear market declines ever, with fears about the coronavirus pandemic taking more than 35% off the Dow Jones Industrial Average (DJINDICES: ^DJI) in just a single month. The drop was not only steep but also psychologically punishing, as day after day, small recoveries would give way to larger downward moves. All along the way, investors wanted to know when the bottom would come.
Last week, the Dow and other major market benchmarks finally posted a solid recovery. Briefly on March 26, the Dow had climbed more than 20% from its March 23 lows, prompting some to declare the end of the coronavirus-inspired bear market and the beginning of a new bullish period for stocks. Here, we'll take a closer look at the question of whether the bottom is in -- and offer some thoughts on how investors should decide about whether it's safe to get back into the stock market.
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Source Fool.com
