Question

After a significant economic recession, prices and investing activity in the stock market began trending consistently upward six years ago. In the last three months, this trend has reversed and prices have fallen steadily. How are the past three months of the stock market classified? a. Primary bear market b. Secular bull market c. Primary bull market d. Secular bear market

Answer 1

Answer: Primary bear market

Step-by-step explanation:

A primary bear market is when the stock market has a downward movement of decline in price. Such decline in price usually takes place for about two months and above.

Also for a primary bear market, the price decrease is about twenty percent or more. This is typically caused by several economic ills like recession.