2006-07-11 10:04:12 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
No. A bear market is defined as a 20% reduction in the Dow Jones Industrial Average, the S&P 500 average and/or the NASDAQ Average. We are in a "market correction"
2006-07-12 04:09:53 · answer #1 · answered by ? 6 · 3⤊ 0⤋
no....this is the usual seasonal slow summer trading pattern. all the pros are on vacation, low trading volume = wide spreads, violent swings
when the past rate increases take effect, the houseing bubble will deflate and investment capital will run back to US equities after the Fed stops and further rate increases around the world chase capital out of foreign markets. the US market was one of the worst performing over the last 18 months.....global capital will seek US stability
2006-07-11 21:33:41 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Yes.......if you look at last years performance, gains were mostly attributable to REAL ESTATE and ENERGY stocks. And the average mutual fund is barely positive if you look at 5 year returns. Though summers are often downers due to seasonal trading "lull", I don't know what will propel stocks higher in the fall.
If earnings slow down as interest rates continue to rise.....it could get really "grizzly" in a hurry. Cash is king.
2006-07-11 22:22:46 · answer #3 · answered by jadz 2 · 0⤊ 0⤋
Depends on what the meaning of 'is' is.
2006-07-11 17:59:54 · answer #4 · answered by -* 4 · 0⤊ 0⤋
no
2006-07-11 17:07:12 · answer #5 · answered by Anry 7 · 0⤊ 0⤋