Financial Times FT.com

Long View: Difficulties in identifying breed of bear markets

By John Authers, Investment Editor

Published: July 11 2008 21:07 | Last updated: July 11 2008 21:07

Bears come in many species. Some are vast and vicious hunters, living off raw meat. Some eat fruit. And some, like koalas and pandas, are not bears at all.

World stocks are this weekend in a bear market. But bears come in as many varieties in the markets as they do in the wild.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this