While some of us were distracted by US equity market, what we should actually take a look at now are the epic adventures of our beloved european stocks, are we entering the bear market ?
(original publishing date 07/21/14)
Let’s just summarize the issue:
1) French stocks have broken a 3-year support
2) British stocks have broken a 5-year support
3) German stocks may soon break a 4-year support
This can’t be good news, so get ready: if you think that markets are boring at the moment because of low volatility, you will soon start dancing again.