Are We “Bear” Yet?: The Assets That Have Entered the Bear Market in 2015

The markets are not doing good right now. The Philippine Stock Exchanged (PSE) just experienced “Bloody Monday” on August 24 (news here). A down market doesn’t necessarily mean that it is already in a bear phase. Unfortunately, there are investments that have already entered bear territory in 2015,


Bull and Bear Statues near Frankfurt Stock Exchange
The bear seems to be winning in 2015. Bull and Bear Statues near Frankfurt Sock Exchange. Image by EvaK from


What does “Bear Market” mean anyway?

A bear trend is when the market declines over a period of time. Investor attitude changes to pessimism or even fear. Specifically, a decline of 20% from recent highs defines bear territory.

Which are the high profile bear market entrants in 2015?

Commodities such as crude oil, gold, copper has been in a bear market for quite a while now.

Chinese Stock Market (Shanghai Index) and it brought along the Hong Kong and Taiwan Stock Market with it

Emerging Markets lead by China… Brazil and Indonesia have followed suit

Arguably, the world’s most popular stock, Apple Inc., just entered bear territory.

Despite falling spectacularly on Monday — by 487.97 points or 6.7 %, the PSEi is only down around 16% from its record high in April 2015. Of course, if you are going to be strict about it, the PSEi index may not be a good representative of the Philippine stock market, the PSE All Shares is probably a better indicator. The All Shares is also down by 16%. from its record high in April. For more data on the performance of PSEi through time, go here.

The Philippines is not yet in bear territory, but it’s getting awfully close.


– Finance, M.D,








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Finance, M.D.

Finance, M.D. is a practicing physician who dabbles in finance and investment. He has passed all three levels of the Chartered Financial Analyst (CFA) exams, all in his first attempts.

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