Recent Swoon Obliterates One-Third Of Gains Since Start Of 2009

The market’s Scott Brown Swoon only stated in the middle of January, but while it’s been short in duration, it’s been significant.

Here’s one (somewhat arbitrary) angle from the folks at Bespoke. From the start of 2009 (i.e. not from the March 2009 lows) on third of all gains have now evaporated.

chart

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.