‘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

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