Goldman Sachs: US stocks may evolve into a cyclical bear market, which usually lasts about two years and takes five years to rebound to the starting
latest US stock research report released by Goldman Sachs shows that the bear market in US stocks may last longer. The current bear market is event-driven (triggered by tariffs). However, given the increasing risk of economic recession, it is easy to evolve into a cyclical bear market. Goldman Sachs further analyzes that, in terms of trends, the average decline of cyclical bear markets and event-driven bear markets is usually around 30%, although their durations are different. Event-driven bear markets have a shorter duration and faster recovery. Cyclical bear markets typically last about two years and take about five years to fully rebound to the starting point, while event-driven bear markets usually last about eight months and take about a year to recover. The impact of structural bear markets is the most severe, with an average decline of about 60%, a duration of over three years, and usually takes ten years to fully recover.
