Most people define it as a fall of 10% or more from a high.

Here’s another way the markets are not like the real world: in the markets, the B word is worse than the C word. So much worse! C is for Correction, a sharp drop in prices, with a defined ending and a recovery. B, on the other hand, is for bear market, a long-term drop, with […]

When the market runs too hot, stand by for a fall.

The markets have fallen about 7 percent. So now what?