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When the Bear Comes

 One definition of a bear market says markets are in bear territory when stocks, on average, fall at least 20% off their high. 

But 20% is an arbitrary number—just as a 10% decline is an arbitrary benchmark for a correction.

Several leading stock market indexes around the globe endured bear market declines in 2018. 


US stocks suffer worst week in a decade

Earlier this week, the US Federal Reserve lifted the interest rate and signalled that it would continue to rise next year, albeit at a slower pace.

BBC 21 December 2018


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