Whiff of Panic? Global Bear-Market Progress Report
Monday, February 8, 2016 13:58
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by Wolf Richter
Wolf Street
Watch the banks.
For once, aggrieved investors can’t blame China. Markets in China are closed for the New Year’s holidays.
After a very ugly week, we expected stock markets to rise this week on the simple principle that nothing goes to heck in a straight line. But we’ve been wrong on this before, and that line could be straighter than we’d expect. So, the US and Europe are starting out the week with a rout.
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Source: http://financialsurvivalnetwork.com/2016/02/whiff-of-panic-global-bear-market-progress-report/?utm_source=rss&utm_medium=rss&utm_campaign=whiff-of-panic-global-bear-market-progress-report
