The experts are buying shares now, says one touting investment newsletter, encouraging clients to take advantage of the 20 per cent slump in share prices (and more than 50 per cent for resource stocks) that has wiped billions of dollars off Australians’ savings and superannuation funds. But while there is growing professional support for this view that the severe losses in the dismal beginning of 2016 have been overdone, others talk of a ‘market apocalypse’, with Australia now a ‘bear market’ – and that these usually last a year or so.
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