If you were long equities, just about anywhere in the world, you're not having a good year. Below is a chart of the year-to-date performance of equity markets around the globe.
Here's some added analysis from U.S. Macro analyst Christian Drake in today's Early Look:
"And with futures red and global equity & energy commodity markets continuing in crash mode overnight, the carnage score is currently (% chg off of 52wk high):
- Brazil: -31.1%
- China: -46.6%
- France: -25.5%
- Germany: -28.9%
- Greece: -54.9%
- India: -23.6%
- Italy: -33.9%
- Japan: -25%
- Russia: -38.6%
- Spain: -33.7%
- USA (Russell 2k): -25.7%"
Keep your head up. It's getting ugly out there.
