The bears are out on Wall Street now, as the Dow Industrials and Nasdaq Composite officially closed in bear market territory (down 20% from highs) today.

If that isn't depressing enough, take a look at the performance of various international markets from their highs that were hit within the past year (exact dates within the past year vary).

Growling Loudly (Already in Bear Territory)
China                -56%
India                 -35%
Hong Kong        -31%
France              -30%
Japan                -27%
Singapore          -24%
Australia           -24%
Germany           -22%
South Korea      -21%

Bear Watch (Approaching Bear Territory)
United Kingdom -19%
Thailand            -17%

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