The first two weeks of 2016 has been the worst calendar year start for equity markets in decades. The Australian share market has retreated by 10% in just two weeks and taken its price fall to 18% since March last year. Therefore it is important to investigate whether the equity market is properly flagging the problems that lie ahead, or is it too pessimistic for Australia? (VIEW LINK) (Chart: The sustained 9 months correction since 31 March 2015)