A "full-on bear market" could be coming within months, a team from Citi wrote this week. Markets are currently in the third of their four phases, the bank says, with the fourth phase bringing a bear market and a possible recession. Money is still out there to be made, the analysts emphasise, placing recommendations on equities in the US, Korea, Taiwan, Russia and Brazil.
Citi warns we could be months away from a 'full-on global bear market' - Business Insider
And indeed:

