It’s been a difficult month to be sure in the markets. Here’s a helpful chart that might give just a bit of hope.
Source: Source: LPL Research & CFRA FactSet
I thought it would be helpful to answer a few questions that I’ve received during this downturn. I believe we will bounce back and hope this addresses some of the questions that you may have.
A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment.