The Rule of 20 and Why the Bear Market Remains

Bull markets are fueled by optimism and bear markets—which occur when stock prices fall 20 percent or more for a sustained period of time—are just the opposite. Benzinga

Commentary 

The “Rule of 20” says the “bear market” may just be resting despite much commentary to the contrary. In a recent Investing.com article, Bank of America strategist Savita Subramanian warned clients that stocks are still expensive despite this year’s drawdown.