Tough Week for World Markets Ends A Worse Month

Tough Week for World Markets.

 

Taking a global view, many markets around the world went down last week.  Notably, Spain's IBEX was down 5%, Germany's DAX was down 4%, and the NASDAQ was down over 3%.

 

 

The Month Was Worse!

 

Taking a macro view, last month was tough all over the globe.  Notably, Russia's RTSI was down 21%, Hong Kong's Hang Seng dropped 12.55%, and the NASDAQ tumbled over 9%.

 

Are we due for a bounce?

Related articles

• The European Elephant in the Room (minyanville.com)
• World stock markets plunge as global crisis deepens (guardian.co.uk)
• The close: World equity markets stagger (theglobeandmail.com)