European Stocks Plunge To Worst December Since 2002

Between Draghi's disappointment, Kuroda's un-dovishness, China's currency war, and flailing faith in The Fed (as policy errors loom), it appears European stocks were not the "no brainer" investment everyone promised them to be after all. December's 5% plunge was the worst for this time of year since 2002 (2nd worst on record).



Looks like we are going to need more QE or this ship is going down.


No comments yet! Be the first to add yours.