Global equity markets peaked on June 3, 2015. Since then, $8.6 trillion has been erased in global market value. Here's a look at select equity markets and drawdowns from their 2015 peaks:
- Euro Stoxx 600: -20.8% (since 4/15/2015)
- Nikkei 225: -19.0% (since 6/24/2015)
- Russell 2000: -10.4% (since 6/23/15)
- Shanghai Comp: -39.5% (since 6/12/2015)
Why such large drawdowns?
At the top of the list is the fact that global growth continues to slow. Click here and here for more insight on what's going on and what it all means for investors.
