Why do financial news organizations insist on describing markets that drop by 20% as entering bear markets? Was there a memo that went out? Are they implying that now is a time to sell? When oil went from below $30 to $36 (after dropping from over $100) was that a bull market? If I buy crude oil today and it goes against me tomorrow, it already feels like a bear market…
https://www.wsj.com/articles/oil-on-track-for-bear-market-due-to-global-growth-fears-11559748511
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