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Financial pundits are finally agreeing with what we've been saying since the start of the year: bear market 2016 is here.
The Dow Jones is down nearly 6% since January, even after the triple-digit rallies we've had this week.
But the most telling indicator of the 2016 bear market is the MSCI World Index, which tracks 1,643 mid- and large-cap stocks around the world. The MSCI index is down 20% from its May highs. This satisfies the technical definition of a bear market, which requires at least a 20% drop in an index.
Money Morning Technical Trading Specialist D.R. Barton made his regular appearance on the FOX Business Network to predict where this global bear market is going now. Here's what investors can expect from the markets...
Protect Your Money in This Bear Market: It's true that you would have to be a fortune teller to know exactly when a bear market would start and end. But fortune telling isn't Keith Fitz-Gerald's profession. His goal is to protect your wealth, maximize gains, and help you focus on what's really going on in the market. In his Money Map Report, this financial guru has used his years of experience as a trader in one of Wall Street's leading firms to help his readers find 86 double- and triple-digit winners. You can learn more about Keith's Money Map Report here...