Summary: low the S P 500 began a slow recovery It didn t break its January 1974 high until July 1980 almost six and a half years later Below is a graph of the January high and subsequent drop As you can see The 73 75 bear market was quite bad Wiping out over ten years of stock market gains Nowhere near as bad as the 1929 1932 market but never the less a very unpleasant
Image Dimensions: 550 x 356
Image originally found here.