{"id":16294,"date":"2016-01-11T15:13:14","date_gmt":"2016-01-11T20:13:14","guid":{"rendered":"http:\/\/olduvai.ca\/?p=16294"},"modified":"2016-01-11T15:13:14","modified_gmt":"2016-01-11T20:13:14","slug":"bear-market-the-average-u-s-stock-is-already-down-more-than-20-percent","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=16294","title":{"rendered":"Bear Market: The Average U.S. Stock Is Already Down More Than 20 Percent"},"content":{"rendered":"
\n

Bear Market: The Average U.S. Stock Is Already Down More Than 20 Percent<\/a><\/h3>\n<\/div>\n
<\/div>\n
\n

\"Angry<\/a>The stock market is in far worse shape than we are being told.\u00a0 As you will see in this article, the average U.S. stock is already down more than 20 percent from the peak of the market.\u00a0 But of course the major indexes are not down nearly that much.\u00a0 As the week begins, the S&P 500 is down 9.8 percent from its 2015 peak, the Dow Jones Industrial Average is down 10.7 percent from its 2015 peak, and the Nasdaq is down 11.0 percent from its 2015 peak.\u00a0 So if you only look at those indexes, you would think that we are only about halfway to bear market territory.\u00a0 Unfortunately, a few high flying stocks such as Facebook, Amazon, Netflix and Google have been masking a much deeper decline for the rest of the market.\u00a0 When the market closed on Friday, 229 of the stocks on the S&P 500 were down at least 20 percent from their 52 week highs, and when you look at indexes that are even broader things are even worse.<\/p>\n

For example, let\u2019s take a look at the Standard & Poor\u2019s 1500 index.\u00a0 According to the Bespoke Investment Group, the average stock on that index is down a staggering\u00a026.9 percent<\/a>\u00a0from the peak of the market\u2026<\/p>\n

Indeed,\u00a0the Standard & Poor\u2019s 1500 index \u2013\u00a0a broad basket of large, mid and small company stocks \u2013 shows that the average stock\u2019s distance from its 52-week high\u00a0is 26.9%<\/strong>, according to stats compiled by Bespoke Investment Group through Friday\u2019s close.<\/p>\n

\u201cThat\u2019s bear market territory!\u201d says Paul Hickey, co-founder of Bespoke Investment Group, the firm that provided USA TODAY with the gloomy price data.<\/p><\/blockquote>\n

So if the average stock has fallen 26.9 percent, what kind of market are we in?<\/p>\n

To me, that is definitely bear market territory.<\/p>\n

The rapid decline of the markets last week got the attention of the entire world, but of course this current financial crisis did not begin last week.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bear Market: The Average U.S. Stock Is Already Down More Than 20 Percent The stock market is in far worse shape than we are being told.\u00a0 As you will see in this article, the average U.S. stock is already down more than 20 percent from the peak of the market.\u00a0 But of course the major […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[977,1750,5983,1493,11612,4901,11613,1716,11614,10118,7118,753,7554,11153,11615,11616,6540],"class_list":["post-16294","post","type-post","status-publish","format-standard","hentry","category-economics","tag-amazon","tag-bear-market","tag-economiccollapseblog","tag-facebook","tag-large-cap-stocks","tag-michael-snyder","tag-netflix","tag-sp-500","tag-small-cap-stocks","tag-stock","tag-stock-trading","tag-stocks","tag-the-dow","tag-the-dow-jones-industrial-average","tag-the-nasdaq","tag-the-stock-market","tag-u-s-stocks"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16294"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16294\/revisions"}],"predecessor-version":[{"id":16295,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16294\/revisions\/16295"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}