Surveying The Global Damage

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)


Europe is hurting...


Asia-Pac is not pretty...




and the BRICS are ugly...all red for the year


Charts: Bloomberg


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