TITLE

Understanding Secular Bear Markets: Concerns and Strategies for Financial Planners

AUTHOR(S)
Solow, Kenneth R.; Kitces, Michael E.
PUB. DATE
March 2006
SOURCE
Journal of Financial Planning;Mar2006, Vol. 19 Issue 3, p60
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article provides advice to financial planners concerning how to advise clients in bear markets. The authors contend that the period from 2000 to 2006 is a "secular" bear market. Until the market reaches its prior S&P 500 high of 1527, the market is not in a true bull market, according to the authors. The authors call the post-2002 period of increases in equity values a "cyclical" bull market. The article presents charts of stock market returns during historical bear market periods. The article advises that retirement investors and retirement planners adopt an active investment strategy rather than a passive one.
ACCESSION #
20444944

 

Related Articles

  • "SMART MONEY"? THE REVERSAL OF MUTUAL FUND PRICE PERSISTENCE FOLLOWING THE MARCH 2000 STOCK MARKET DOWNTURN. Maher, Matt; Fry, Phillip C. // Journal of Accounting & Finance Research;Apr2005, Vol. 13 Issue 1, p137 

    This paper examines mutual fund performance (price) persistence (momentum) during and after the March 2000 downturn in stocks. Many academic studies document fund persistence, but both academic and practitioner articles differ on the implications for investors. We review the literature on the...

  • Nonlinear Adjustment of Emerging Stock Market Returns: Symmetrical or Asymmetrical. Oskooe, Seyyed Ali Paytakhti // International Journal of Economics & Financial Issues (IJEFI);Jun2012, Vol. 2 Issue 2, p179 

    This study examines whether the nonlinear adjustment dynamic of stock returns to the equilibrium level in an emerging stock market is symmetrical or asymmetrical. The empirical results suggest that the data generating process of Iran stock returns series is nonlinear Smooth Transition...

  • That gutted feeling. Bedford, Louise // Money (Australia Edition);Apr2006, Issue 78, p104 

    The article reflects on stock trading based on intuition. A belief in intuition can be reinforced by the psychological principle of selective memory. Traders who use intuition in trading must evaluate their performance and look at their returns. Only a small number of traders find that they can...

  • CAUSES OF SHORT-TERM MOMENTUM ANOMALY IN DAILY RETURNS: EVIDENCE FROM TAIWAN. Wang, Hung-Chih Joseph // Actual Problems of Economics / Aktual'ni Problemi Ekonomìki;2014, Vol. 154 Issue 4, p366 

    This study used the daily return of stocks' market to verify short-term investment performance and found a short-term momentum phenomenon for Taiwan. Subsequently, we investigated the causes of this abnormal return by interpreting and cross-validating several models and investors' sentiments. We...

  • Markets Continue To Sell Off As Investor's Fears Take Over. POLCARI, KENNY // Investors Business Daily;1/15/2016, p96 

    The article reports on the continuous sell off of the stock markets globally amidst fears of investors.

  • THE YEAR AHEAD.  // BRW;7/3/2008, Vol. 30 Issue 26, p8 

    The article comments on professional stockmarket investors' view that the upcoming reporting season in corporate Australia will be a tough one. It also cites figures that support another popular view that the stockmarket will improve by the end of 2008. It suggests that there are plenty of...

  • Why the Blinders? Arnott, Robert D. // Financial Planning;Mar2004, Vol. 34 Issue 3, p128 

    Focuses on the need of financial advisers to look beyond stocks and bonds to achieve better rate of return to clients. Mechanisms often seen by the financial industry in terms of managing investment returns; Factors that can be used by investors and financial planners to gauge future returns;...

  • No Bottom In Sight For Stocks.  // Emerging Markets Monitor;10/13/2008, Vol. 14 Issue 27, p1 

    The authors express their bearish outlook on the stock markets. They mentions the shift in the general sentiment among investors from fears over the health of the financial sector to heightened fears over the health of the real economy. They predict that the stocks of Dell, Hewlett Packard and...

  • Bear not yet in control…. De Lange, Lucas // Finweek;8/16/2007, p80 

    The article focuses on the bear market as yet to exist on world's stock exchange. But the moving averages are still promising of having a bear market. However, investors are still skeptical whether it is a start of a real bear market or just a hint to buy better value. Moreover, good profits of...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics