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"We've always had long bear markets and short bull markets".
Even Japan has had some 50% rallies within its long bear market.
Or is a long bear market, which could have the same effect, already under way?
THE long bear market crushed the value of millions of employee stock options.
It peaked in the early 1980s, just as shares were reaching the end of a long bear market.
In the last two decades, investment professionals have repeatedly proclaimed that Japan's long bear market might have ended.
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