Bulls and Bears

Between 1957 and 2020, there were ten bull markets and bear markets for Canadian stocks. Historically, bull markets have lasted longer than bear markets. The average bull market increase was 162% over an average duration of 66 months. Conversely, the average bear market decline was 29% over an average duration of 11 months.

Bulls Market

Bull Markets

Bull Markets are usually defined by periods where the economy is strengthening or already strong. During this period, stock prices are generally rising and investor sentiment is positive. These periods can last for months, or even years.

Bear Market

Bear Markets

Bear Markets are defined by periods where stocks are declining in value. In the above illustration, the generally accepted measure of a market decline of 20% or more over any given period has been used. These periods tend to be shorter compared to Bull Markets.