1/5 Of US Stocks and 63% Of EM Stocks Are In A Bear Market

"Equity markets are quite tumultuous underneath the headline indices recently. For example, 21% of all MSCI USA stocks are at least 20% of its 200-day high. This is only the third time since the summer of 2012 that this many stocks are in a bear market. The most interesting aspect of this internal correction is the fact that the headline index is a mere 1.8% off the 200-day high. On October 10, 2014 when 21% of MSCI USA stocks were in a bear market, the headline MSCI USA index was 5.4% off the 200-day high. And on November 8, 2012 when 21% of the MSCI USA stocks were in a bear market, the headline index was 6% off the 200-day high". Full report (VIEW LINK)


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