A Stock Market Crash or Correction Is Inevitable -- History Says So
It's an absolutely wild time to be an investor. It could be argued that in a span of less than four months, investors witnessed about a decade's worth of volatility.
The physical and financial toll tied to the COVID-19 pandemic led to an incredible amount of selling pressure in the broad-based S&P 500 (SNPINDEX: ^GSPC) by mid-February. After closing at an all-time high on Feb. 19, the benchmark index proceeded to lose 34% of its value in a stretch of just 33 calendar days. The 17-trading-session decline into bear market territory, as well as the expediency of the 30% drop, mark the swiftest descents from a recent high in history.
But just as quickly as the stock market fell off a cliff, it seems to have reestablished a brand-new bull market. Over the past 11 weeks, the S&P 500 has rallied more than 40% off of its March 23 lows and even has its all-time high within sight.
Source Fool.com
