Current decline near end, going by past downturns

Average duration, market bottom valuation of previous slumps close to those of ongoing dip

Cash outperformed equities last year. It is not uncommon for investors to start doubting the wisdom of staying invested in equities after a prolonged market downturn.

As of December last year, the downturn we faced had lasted for 11 months. How long do stock market retreats generally last in Asia?

Please or to continue reading the full article. Learn more about ST PREMIUM.

Enjoy unlimited access to ST's best work

  • Exclusive stories and features on multiple devices
  • In-depth analyses and opinion pieces
  • ePaper and award-winning multimedia content
A version of this article appeared in the print edition of The Sunday Times on February 03, 2019, with the headline 'Current decline near end, going by past downturns'. Print Edition | Subscribe