For the global stock market, it was a bloody start for the year 2016
The following graphics exhibit on the returns of major equity benchmarks for the 1st week of 2016.
Americas
Asia
Europe
Middle East and Africa (tables above mine, data from Bloomberg)
This week's stock market bloodletting produced several milestones as shown by charts below from Zero Hedge
1st week losses by the Dow Jones Industrials and S&P 500 had been as big or bigger than 2008.
Germany's DAX was a record...
...and so was China's Shanghai index (in spite of the government's intervention particularly last Friday).
And bear markets appear to be spreading.
Decoupling anyone?
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