Searching for the Bears

June 22nd, 2012
in contributors

Written by John Lounsbury

With all the ups and downs in markets in May and June and the growing pessimism among investors, it is a good time to revisit the Econintersect 30, bear-black-in-wildSMALLthe global market indexes that are followed by Global Economic Intersection.  We will also revisit the last bull market review that was published on 9 April 2012 because the bull market for many indexes continued past that date.

In spite of the difficulties that have plagued global economies in recent months, only three of the markets followed are in official primary bear territory (down 20% or more), while 20 are in correction (secondary bear markets down 10% or more but less than 20%) and seven are in pullbacks of less than 10%.  The latest bear market table follows the Read more break, along with an update of the bull market table.

Follow up:

markets-bear-6-21-2012

The bear market numbers pale in comparison to the bull market moves that preceded starting at the end of the summer of 2011 and ending in the spring for most indexes.

markets-bull-6-21-2012

Previous Bull and Bear Tables















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