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)
- Can China’s Stop-and-Go Market Reforms Work Forever? - August 18, 2017
- Is China Hiding an Avalanche of Debt? - August 17, 2017
- How Will the World Handle Such Unprecedented Central Bank Balance Sheets? - August 16, 2017