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In other words, the bear market may have further to go.
So the current bear market will not change the company's plans.
But the bear market is not going to go away that quickly.
This is bear market behavior in every sense of the word.
Its previous low was at the start of the 1973-74 bear market.
Still, he said, the end of the bear market is probably in sight.
Imagine how many will act if we ever have a real bear market.
But the bear market years of 2000 through 2003 offered no such opportunity.
These funds often make the most difference during a bear market.
The recent bear market, of course, has been hard on many industries.
I think we will have another bear market in our lifetime.
The crash of 1987, for example, did not lead to a bear market.
We have been in a significant bear market for real estate over the last three to five years.
That is not the way earlier bear markets had worked.
That's a place where I'd begin to build in this bear market.
These bear markets cut the money available to pay current and future benefits.
That was just before the most severe bear market of the last 50 years.
This is how the professionals make money in a bear market, you know.
It is often hard to tell if a bear market has begun until well after the fact.
So far, though, no one is predicting a bear market.
That was just before the brutal 1973-74 bear market began.
How has it done over the long term, including bear markets?
In any event, no one thinks this is a bear market.
They began when long bear markets ended in 1974 and 1982.
IN this bear market, low share prices have become more than a reality.