It could be Monday. It might take until the end of next week. Or it might even wait until June. But it now looks inevitable that we will soon officially be in a bear market.
The S&P 500, still the main global benchmark for investors, is already down 18.7 per cent this year. One more bad day and it will be officially in bear territory. The tech-heavy Nasdaq index is already there, and so are many other markets around the world.
