S&P 500 Falls Into <br />Bear Market Territory , From January High.<br />The term "bear market" refers to a value loss of <br />20 percent or more from the most recent high.<br />On May 20, after the index fell below 3,837, <br />the S&P 500 was trending to close at just over <br />20 percent down from the bull market high on Jan. 3.<br />The reality is the market is likely to remain under pressure until peak inflation has been priced in, Fiona Cincotta, Forex.com, <br />via 'The New York Times'.<br />We aren’t there yet, Fiona Cincotta, Forex.com, <br />via 'The New York Times'.<br />Analysts pointed to traders' fears in regard <br />to the general outlook for what's ahead.<br />For the majority of the bull market since the March 2020 low, investors have had reasons to buy the dips, Kevin Gordon, Charles Schwab, via CNN.<br />Given this slowdown is looking more 'natural' and protracted, there is a heightened degree of fear and not knowing where <br />to hide, Kevin Gordon, Charles Schwab, via CNN.<br />Other analysts pointed out that recession fears, while understandable, may be premature.<br />In the last three bear markets, where there was no recession, <br />the decline was 21.3% and we’re basically there, Julian Emanuel, Evercore ISI, via CNBC.<br />During the past three bear markets when there was a recession, on average the market had fallen more than 45 percent.<br />Despite this, analysts <br />were hard-pressed <br />to see a silver lining to <br />the day's developments.<br />Any positivity is being sold in a very heavy and high-volume fashion, and that's <br />very concerning, Keith Buchanan, Globalt Investments, via Reuters.<br />It feels like it's fear driven, Keith Buchanan, Globalt Investments, via Reuters
