Get Used To It

This is a brain teaser. You’ve been warned. The S&P 500 is in a bear market (defined as the 50-day MA being below the 200-day MA) 30.8% of the time. Also, the S&P 500 has experienced single-day 4% declines 0.242% of the time. Of the times we experienced single-day selloffs exceeding 4%, 75.7% of the …