Forbes - Markets
The Week Ahead: Time To Join The Bear Market Camp?
The stock global markets were punished again last week as most traders and investors couldn't wait for the long weekend. Several analysts last week proclaimed that we are now in a bear market. One of the new bear market forecasts came from a regular TV analyst who last proclaimed a bear market near the October 2014 lows. That of course does not mean that he will be wrong again this time.
The transition from a bull to a bear market is a gradual process which historically takes time. There are generally plenty of signs from the stock market as well as the economy before the major trend changes. There is a good correlation between bear markets and recessions as stocks top out before the economy enters a recession. So should you join the bear market camp now?
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