There were 19 bear markets over the past 140 years. They lasted on average 289 days and the average price decline was 37%. No one-fit-for-all of course, but an average bear market would imply SPX at 3000 by October.
Does it mean “if we had an average bear market, it would imply SPX at 3000 by October”?
I am asking about the implied condition of would used in the sentence.
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I am asking about the implied condition of would used in the sentence.