Wednesday, January 27, 2016

Morgan Stanley analysed 43 bear markets and here's what it found

US stocks may be looking a bit better after one of the worst starts to the year on record, but a number of markets, especially the emerging kind, have already entered or come within points of a bear market.

Investors seeking clues as to the future direction of global equities might turn to history as their guide; Morgan Stanley analysts led by Andrew Sheets certainly have. They've crunched the numbers on more than 40 bear markets thoughout history, defined as a more than 20% peak to trough decline.

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