The Sun has finally set in the world’s second fastest emerging economy, India, blame it on the American sub-prime mess. With today’s fall the Long Bull Phase in India has come to an end. Insights from the three big bear markets of the past 15 years should be useful tools for investors if they have to tackle another bear market in the coming months.
The market’s decline phase is usually shorter than the bull market’s rise but post the fall, bear markets witness a protracted period of sideways movement that can be quite painful. (more…)