Nasdaq Market Sell-off: Should You Buy Stocks Right Now?
On Nov. 15, 2021, the Nasdaq Composite Index of stocks hit an all-time high of 16,057 -- and it's been all downhill from there.
Since hitting its peak, in fact, the Nasdaq has sold off hard, falling 34% through Thursday's close. And since it only takes a 20% decline from peak to trough to meet the definition of a bear market, well, we're definitely in a bear market now. There's no question about that.
Instead, the questions a lot of investors are asking are how close we are to the end of the bear market and is it safe to start buying stocks now?
Source Fool.com
