Even Jim Cramer thinks it's a bear market now

It's the Monday morning after Thanksgiving weekend, and CNBC show host, analyst, and morning commentator, Jim Cramer, is now calling this fall's stock drops a bear market in this clip.  The Dow Jones Industrial Average was up 350 points out of the gate.  But Cramer sees it dropping back within a few days.  How does he really feel?

"It's Not a good time."
"Every time you try to make money, it (this market) cuts your heart out."
-Jim Cramer in the clip above.

Just for the record, I don't hate Cramer.  He's a longtime stock trader, he knows that world, and he's really entertaining (usually).  But his job on CNBC is not to make you the most money.  His job is to keep you in the stock market, even when you probably shouldn't be in it.

The Dow is at 24,616 as I write this, up 330 points this morning, but down from it's high of 26,828 on October 3rd.  It's down over 8% in under two months.  The Dow is an average of 30 "industrial" stocks, and has been the benchmark of the U.S. stock market since 1885.  Here are the other major averages:

Nasdaq:  High- 8,109 (8/30/18)  Today (11/26/18)- 7,041  It's down over 13% in 3 months
Index of 100 stocks, primarily tech stocks
S&P 500: High- 2,930 (9/20/18)  Today- 2,664  It's down over 9% in just over 2 months
Index of 500 different stocks
Russell 2000: High-1,740 (8/30/18) Today- 1,508  It's down over 13% in 3 months
Index of 2,000 different stocks

Meanwhile, I'm a currently homeless artist/blogger and lifelong amateur futurist.  I look a big, long term things happening in our world, and try to figure out where we're heading as a society.  In an August 10th, 2018 post I wrote this:

"There WILL, without a shred of doubt, be a serious recession in the next year or so.  This next recession WILL be as intense as the Great Recession of 2008, and it will likely be worse."

Here's that full post: "It's Time to get off the Titanic, a brief history of our future 

The Dow was at 25,313 when I wrote this post.

In the stock market, a "correction" is a drop of 10% from the recent high mark.
A"bear market" is a drop of 20% or more over a time period of two months or more.

Still think I'm full of crap?   Or maybe there's a point to looking a super long term trends.