Value Investing During and After U.S. Recessions: A Historical Perspective

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Mar 18, 2010
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Since 1926, there have been 15 recessions in the United States (including the Great Depression). These 15 recessions have lasted, on average, 13 months. During these recessions, value stocks tended to perform worse than glamour stocks, falling 5.5% per year on average vs. a 2.5% average decline for glamour stocks.


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