(62) The five possible factors that cause bear markets

The five possible factors that cause bear markets are: (By The Big Money- Frederick R. Kobrick):


1. Persistent overvaluation.


2. High or rising interest rates or rising inflation that leads to them.


3. Weakness in company earnings have already been evident,
and if high interest rates cause economic weakness, then those rates have been present for a time.)


4. Oil shocks.


5. Wars (but not always).