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, CFP® is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Richard C. Young & Co., Ltd. was ranked #5 in CNBC's 2021 Financial Advisor Top 100. Jeremy is also a contributing editor of youngresearch.com.
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