Are We Truly In A Bear In Stocks?
Looking at the 2000 - 20002 and 2008 - 2009 bears we can see we have much ahead of us if this year's bear plays out anywhere the same. (SPY was used as the proxy for stocks.)
Most define a bear as a 20% or more drop in prices. To see where we are so far since the most recent top in stocks, take a look at the following charts ...
Comparison with 2000 - 2002
Comparison with 2008 - 2009
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These illustrations are not a solicitation to buy or sell the ETF. I am not an investment advisor/broker