World Markets Weekend Update: Worst Week in Two Calendar Years
Mar 16, 2014 Doug Short
At Friday’s close the eight markets on my world watch list turned in their worst collective weekly average of the past two calendar years, an eye-opening -3.19%. The second worse was the -2.59% average on June 18, 2013. All eight posted losses for the week, with the Mumbai SENSEX down the least at -0.50%. The S&P 500 was a distant second at -1.97%. Japan’s Nikkei was the biggest loser at -6.20%.
Seven of the eight indexes are in the red YTD, with last year’s big winner, the Nikkei, down over 12 percent.
More…
Source: http://advisorperspectives.com/dshort/updates/World-Market-Snapshot.php
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