How long will a bear market last?
The S&P 500 is down about 17% as of Wednesday, May 25, narrowly avoiding the traditional definition of a bear market at negative 20%. The NASDAQ has already fallen well into bear market territory with a loss of about 28% year to date. The DOW is down a hair over 12%. The U.S. could be on the edge of a recession, technically defined as two consecutive quarters of negative GDP growth. The U.S. printed a decline last quarter, proving we’re already halfway toward a recession, despite promises to the contrary made by…