Quote Originally Posted by Organ Morgan. View Post
Britain's FTSE 100 entered a bear market on Monday. A bear market is defined as a drop in excess of 20% from the peak.

This afternoon the US' Dow Jones, which lost almost 6% of its value on the day, also fell into bear territory marking an end to an 11-year bull market, the longest in history. The Dow's drawdown is the fastest ever... faster than what precipitated the famous Wall Street Crash in 1929 that sparked a 10-year long depression which became known as The Great Depression.
A good time to buy shares?