‘2 Out Of 3 Countries Are In A Bear Market’May 27, 2012 3:46 pm
Well once in a while we come across some number that makes you think – Really? we spotted this today:
“I took at look at the top 30 country ETFs we track, and thought it interesting that two out of three were in bear market territory (down 20% or more from 52 week highs).
The best performer? The US stock market.
Spain, Italy, Russian, and Austrian ETFs are all down 40% or more.”
Statistics Source: World Beta