ab analytical servicesAlan Brochstein, CFA submits:

A month ago, I noted that the market had clearly returned to its bear market trend, but I joked that it couldn’t keep falling at the rapid pace (faster than the erosion of the year). Sadly, it has. We are now 13.8% through 2009, while the S&P 500 has now declined in price by 14.7%. The chart below shows that we are falling much faster than we fell in 2008:

SP500YTD022009

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