Global stocks have officially dipped into a bear market according to the rule that they must finish 20% below recent highs to be tagged with that status.
It’s fair to say that a growing fear and anxiety amongst investors worldwide has taken over as we’re now clearly entering a time of global uncertainty.
So while the dominos begin to fall from nation to nation, the big question becomes, how long until the United States can no longer resist the viscous pull of total bear-market status?
We’re actually a lot closer than you might think…
If you’ve been a Wall Street Informer member for some time, you already know that we’ve been calling this bear market for months now. 20% below a recent high or not, it’s been clear to us and our loyal members that we’re heading downward.
But global stocks have finally reached the point where everyone else is jumping on board after MSCI All-Country World Index closed 20% below its recent high.
And there are plenty of individual stock markets that are already well into a bear market – Japan, Germany, Brazil, China, and Canada to name a few…
The primary concerns among global investors seem to be a fear that the big banks can’t withstand more negative action, cheap oil prices, and the impending threat of a recession.
And it’s all creeping into the U.S. market as well…
Despite not yet falling enough to be considered a bear market by all, the Nasdaq is down 17% from recent highs, and the S&P 500 and Dow aren’t far behind.
To be sure, global struggles WILL have some impact on the U.S. markets. The question remaining is how much…
But Wall Street already appears to be well on its way to bear status on its own, with prices plunging even lower than the August drop. And this time its there hasn’t been any sign of a significant bounce back up to recent levels.
As all indicators are pointing down, it’s time to prepare for what looks to be on the horizon…
…But remember, a bear market doesn’t have to mean losing money.
Instead, you can follow our lead and make easy money while everyone else is losing by taking advantage of our premium services like Midas Wave Alerts…
