Do bear markets really lead to recessions? An increase from the low or decrease from the high of 20 percent or more is a bull or bear market. The best description of what a severe bear market does came from US Treasury Secretary Robert Rubin in the late 1990s. In bear markets, don’t expect to defy gravity — unless of course you are in or investing in cloud and software in tech or health care. Both have to be in sync or the outperformance of the micro so spectacular to overcome the handicap in bear markets.

Source: Manila Times August 27, 2020 17:03 UTC