The S&P 500 is now down 17.90% from its bull market closing high on April 29th. The index needs to fall just 30 more points to reach bear market territory on a closing basis. A few weeks ago, a 30-point move seemed like a long shot, but in just the last five trading days we've had -32.89, -60.27, and -79.92 point moves, so a 30-point decline would be a relief to many.
To get a better grasp of just how ugly and fast this selloff has been, below we highlight the recent performance of key ETFs across all asset classes. It's not pretty to say the least.
click to enlarge