The 'Average' Stock Is Already in a Bear Market
For most companies, the bear market is already a reality.
U.S. Outlook: a Bear Market for Equities in 2016?
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While the major equities indexes might not yet be in a bear market, that's not necessarily the case for the 'average' stock.
The S&P 500 is down just over 7 percent from its May high, but the average stock in the larger S&P 1500 was down 24 percent from its high as of yesterday's close, according to new research from Bespoke Investment Group. A bear market is defined as a decline of 20 percent or more, meaning the average stock has already reached that threshold.