Current Bear Rally

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I received an interesting chart this morning from Gary Savage (whose blog can be found here) showing various bear market rallies. The graph shows the percentage change (y-axis) and how long it took to get there (x-axis). As you can see, we are starting to get to the upper bounds of where prior bear market rallies (over the course of many decades) have pushed, and in a very short amount of time too. Food for thought.