EFL - Don't Be Afraid Of The Bear Be A Giraffe
The last several months have been painful for investors as they've watched a volatile and panicky equity market undermine an otherwise robust economic environment. Some of the major indices declined far enough to enter bear market territory — that is, a 20% decline from the previous high. The indexes have recovered somewhat, even though they haven't reached previous peaks, but many analysts still think the market has another leg down - and the next one might be worse.
For investors with cash on hand, a bear market is akin to the stock market going on