The PIIGS are deep in bear market territory, falling more than 37% since October of 2009. Our chart shows a break through key support, indicating that a drop to the March 2009 low now seems possible.
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- Yellen Still Can’t Understand What the BIS has Known for Years About Inflation - September 22, 2017
- Is This the Beginning of the End for Fossil Fuel Energy? - September 22, 2017
- Is Intense Investor Optimism a Sign of the End? - September 20, 2017