On Thursday, March 12, the US stock market entered a bear market.
A bear market, which is defined as a 20% drop in the stock market, officially brings to an end the longest bull market the world has ever seen.
Thursday was also, more importantly, the single largest percentage drop in the US stock market since Black Monday in 1987.
It did rebound the next day, but that doesn’t change the fact that the bull market we’ve all been enjoying in the stock market is officially over.
So here we are, in a technical bear market.

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