By Doug Short (Guest Post)
The world selloff continued last week, with six of the seven world markets we’ve been tracking finishing the week with a loss. The FTSE was the solitary market with a gain, and it has now taken over the top spot in table of percentage declines from interim highs. In fact, four of the seven are now in secular bear territory, down 20% or more from their interim highs: The DAX, Nikkei, Hang Seng and Shanghai. And the BSE Sensex, down 19.83, is only a hair’s breadth away from joining the other bear cubs. The tables below provide a concise overview of performance…
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