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
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Sprache:eng
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creator Cullity, John P
description 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.
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identifier ISSN: 0015-198X
ispartof Financial analysts journal, 1974-01, Vol.30 (1), p.45
issn 0015-198X
1938-3312
language eng
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source Jstor Complete Legacy; Business Source Complete; Periodicals Index Online
title MARKET RECOVERIES FOLLOWING RECESSIONS
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