How would your portfolio withstand a 20% decline otherwise known as a bear market? In the first decade of this century we have had four bear markets. So far, so good in the second decade of this century. But it’s worthwhile taking a stroll down memory lane decade by decade to gauge their frequency. As you can see, beginning in 1960, every decade has had at least one bear market. Think about the environment during each decade. What were the geopolitical risks abroad? What was the economy like? And what was Washington, D.C. up to? Makes one wonder what’s in store does it not?
