Bear ter­ri­tory not yet a cri­sis

Finweek English Edition - - Marketplace Simon Says -

The fa­mous FAANG (Face­book, Ap­ple, Ama­zon, Net­flix and [Al­pha­bet] Google) stocks have all en­tered bear ter­ri­tory as they trade 20% be­low their all-time highs. A sell-off in high-fly­ing stocks is al­ways an ex­pected and a healthy part of the mar­ket – and with these dar­lings un­der pres­sure, the large US in­dices have also been weaker. I do not think the sell­ing is fin­ished, but this is not a cri­sis. What goes up also goes down at times. How­ever, they all have their own chal­lenges that are com­ing to the fore, and their next take-off may not be as spec­tac­u­lar as pre­vi­ously.

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