Number of Trading Days in a Bear Market (MSCI World Index) Stimulus and extremely low interest rates have moved global equities higher over past decade. Image: Financial Times

BofA Bear Market Signposts Currently, 9 bear market signposts have been triggered vs. 15 on 10/18 market peak. Image: BofA US Equity & Quant Strategy Click the Image to Enlarge

U.S. Equity Bear Markets and Recessions In recent history, equity bear markets tend to occur six months before a recession, and when no one is looking for them. Image: BCA Research

Percent of BofA Bear Market Signposts Triggered 79% of BofA bear market signposts were triggered on October 10, 2018 vs. 53% currently. Image: BofA Merrill Lynch US Equity & US Quant Strategy

60/40 Portfolio – Bull and Bear Markets This is the longest bull market for balanced equity/bond portfolios in over a century, without a 10% total return drawdown. Image: Goldman Sachs Global Investment

MSCI ACWI Index – Bull and Bear Market As Morgan Stanley points out, this is the “unsatisfying bear market”, difficult for both bulls and bears. Image: Morgan Stanley Research

Projecting the Bull and Bear Market If a US-China trade deal is reached, this chart suggests a rally to the long-term bullish trend line at 3300. Image: Real Investment Advice

Cumulative Bull vs. Bear Markets Excellent chart showing that inflation-adjusted bull markets are almost completely wiped out by the subsequent bear market. Image: Real Investment Advice

Real S&P 500 Total Return and Bear Markets Very good chart showing the real S&P 500 total return and the time frame to recover from major bear markets, since 1900. Image: Real Investment Advice

S&P 500 Bull and Bear Markets In recent history, past bear markets have been shorter than bull markets. Image: Charles Schwab