Great Depressions bear rallies vs current Greater Depression bear rally

The greater the crash, the greater the fear, and the greater the rebound, rationalization and hence bear market rally.

Hussman has published several of these already (check below for related posts) and today's chart of the day is yet another example:

Related posts:

• What kind of recovery is the market pricing pt2
• Dead cat bounce
• What kind of recovery is the market pricing pt1

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