![The peak-to-trough drop in stocks so far is 25 per cent, which is considered a minor bear market. Alamy](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/COMPC2VE3VFKHLPLIUPODXN4IE.jpg?smart=true&auth=a5d0ad902d48d58301a68b114e2006e0a4f2da5a3336c88fa3635595b51cbd80&width=400&height=225)
The peak-to-trough drop in stocks so far is 25 per cent, which is considered a minor bear market. Alamy
The peak-to-trough drop in stocks so far is 25 per cent, which is considered a minor bear market. Alamy
Why 'capitulation' won't end the bear market this time around
It is unlikely there will be a mass investor exodus from stocks to the now not-so-safe havens of bonds, gold and cash