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Stocks have rallied, but the nine painful stages of this bear market are not even halfway done
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Michael Sincere is the author of Understanding Stocks. His latest book, How to Profit in the Stock Market, explores bull and bear market investing strategies
The official definition of a bear market is a 20% or greater decline from an index’s previous high. Accordingly, the three major US stock-market benchmarks — the Nasdaq, the S&P 500 and the Dow Jones Industrial Average — are currently all in a bear market.
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