MARKET RECOVERIES FOLLOWING RECESSIONS

MARKET RECOVERIES FOLLOWING RECESSIONS

How do stock prices behave after recessions? The post-war experience suggests that the advances following substantial contractions were more vigorous than the advances after mild downturns. With brief exceptions, the path of stock prices in the current expansion has followed fairly closely the avera...

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Veröffentlicht in:Financial analysts journal 1974-01, Vol.30 (1), p.45
1. Verfasser: Cullity, John P
Format: Artikel
Sprache:eng
Online-Zugang:Volltext
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Zusammenfassung:How do stock prices behave after recessions? The post-war experience suggests that the advances following substantial contractions were more vigorous than the advances after mild downturns. With brief exceptions, the path of stock prices in the current expansion has followed fairly closely the average pattern of advances since World War II.
ISSN:0015-198X
1938-3312