Leader - When the bear growls

So it's official. As of late March, the world's capital markets entered into territory uncharted in almost a generation - bear territory. Opinions vary on the severity and permanence of this latest decline. Some market watchers believe the drop has been too rapid, and that the world's stock exchanges are gearing up for an almighty bounce. Others are more pessimistic, muttering darkly about the Nasdaq falling until it reaches 500.The going has got tough, and it's time for the tough to get going.