[1]With the US equity markets only 2 to 3% off their highs, we thought it appropriate to look around the world at where the leveraged equity unwinds so far. There remain a select few nation's equity markets that are positive year-to-date.
Year-to-Date, the deleveraging point is clear... (but US equities - for now - remain clean)
[4]
Europe is hurting...
[5]
Asia-Pac is not pretty...
[6]
Americas...
[6]
and the BRICS are ugly...all red for the year
[7]
Charts: Bloomberg
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/11887
[3] http://www.zerohedge.com/taxonomy_vtn/term/10035
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/06/20130619_drop.jpg
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/06/20130619_drop1.jpg
[6] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/06/20130619_drop3.jpg
[7] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/06/20130619_drop4.jpg