, Columnist
How to Spot a Bull or Bear Market
Defining a market by percentage changes doesn't offer the insight needed to make investment decisions.
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What is a bear market?
The popular definition is a 20 percent drop from peak to trough in multiple broad market indexes. I have seen similar round numbers in other definitions -- e.g., a correction is a 10 percent decline, a dip is a 5 percent drop and a crash is a fall of 30 percent or more.