Stash your cash away, the bear's here to stay
The Australian sharemarket has officially begun the third and final stage of a secular bear market that kicked off on November 1, 2007. In the universally acknowledged first leg, the All Ordinaries Index went on a gut-wrenching death spiral that was triggered by the global financial crisis in 2008. During that 16-month period, the index plunged 54 per cent, the second worst continuous decline ...
Source: The Advocate
