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SECULAR BULL MARKET CYCLES IN PERSPECTIVE Copyright    Crestmont Research www SECULAR BULL MARKET CYCLES IN PERSPECTIVE Copyright    Crestmont Research www

SECULAR BULL MARKET CYCLES IN PERSPECTIVE Copyright Crestmont Research www - PDF document

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Uploaded On 2015-03-19

SECULAR BULL MARKET CYCLES IN PERSPECTIVE Copyright Crestmont Research www - PPT Presentation

CrestmontResearchcom RANGE FOR BULL STARTS BEAR ENDS Years In The Cycle PE RATIO Year end PE10 RANGE FOR BEAR STARTS BULL ENDS 1921 1928 1942 1965 1982 1999 1933 1936 10 15 20 25 30 35 40 45 50 10 12 14 16 18 20 22 24 SECULAR BEAR MARKET CYCLES IN ID: 47437

CrestmontResearchcom RANGE FOR BULL STARTS

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0510152030354050024681012141618202224 SECULAR BEAR MARKET CYCLES IN PERSPECTIVE Copyright , Crestmont Research (www.CrestmontResearch.com)RANGE FOR BULL STARTS & BEAR ENDSYEARS (Year - end P/E10) RANGE FOR BEAR STARTS & BULL ENDS 1966 - 1981 1901 - 1920 2000 - 2019 , so far 1937 - 1941 SECULAR BULL MARKET CYCLES IN PERSPECTIVE Copyright 20122020, Crestmont Research (www.CrestmontResearch.com)RANGE FOR BULL STARTS & BEAR ENDSYears In The Cycle (Year - end P/E10) RANGE FOR BEAR STARTS & BULL ENDS 1921 - 1928 1942 - 1965 1982-19991933-1936 Jun 2020