Ryan Detrick: "This bear market may bottom soon"

If a full-blown crisis and recession such as in 2000-2002 and 2008-09 can be avoided, this bear market may bottom soon.  [With over half of the last five bear markets ending in three months or less,] “the current bear market may be closer to a bottom than many expect.  How this bear market will end will likely hinge on the pace at which inflation comes down, which will dictate the timing and magnitude of the Federal Reserve’s rate hiking campaign.

~ Ryan Detrick, chief market strategist for LPL Financial, "Stocks Are Crashing But History Shows This Bear Market Could Recovr Faster Than Others," Forbes, June 29, 2022