Andrei Jikh: a call with no clear direction

Said on Jul 18, 2022, at 2:24 in the video.

What was said
Andrei Jikh

@andreijikh

“so what the data suggests is that after the stock market drops 20 or more typically 12 months later of which so far we've seen a month of the stock market tends to recover”
Watch at 2:24START SAVING | Market Just Flipped
Predictiona call with no clear direction
What happened
Not scored

The direction of this call could not be determined with confidence, so it is held out of the score.

Result at every window

All windows are shown, so none is picked

The direction of this call could not be determined with confidence, so it is held out of the score.

What was said around it

p 500 went into a bear market where it lost 20 percent year to date now here's a fun fact over the last 65 years dating back to october 21st 1957 we've had a grand total of 12 bear markets now over that time on average one month after a bear market the stock market has recovered 2.9 percent but that's just one month later check this out just three months later the stock market's median has been up 5.7 percent six months later the stock market was up 5.5 percent and one year later the stock market was up 23.9 so what the data suggests is that after the stock market drops 20 or more typically 12 months later of which so far we've seen a month of the stock market tends to recover but that's also not always been the case for example in 1973 we had the stock market still down 26.9 percent 12 months after a bear market in fact it didn't even recover to the pre-crash levels until six years later but that's also because the 70s was crazy we had an unwinnable war that we were facing an oil embargo on the us we had the nixon watergate scandal and we had a currency crisis which was the end of the bread and woods agreement where we got off the gold standard which started to devalue the dollar

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