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After Market Panic, Drip, Drip, Drip of Bad News…

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After Market Panic, Drip, Drip, Drip of Bad News…

Back in March, the fastest bear market in history triggered widespread panic among investors. This week’s wobbles are far less dramatic, but perhaps no less worrying. The MSCI World index of developed countries’ stocks is on track to clock its worst weekly performance since the week through March 20, driven by mounting signs that lifting…

After Market Panic, Drip, Drip, Drip of Bad News…

Back in March, the fastest bear market in history triggered widespread panic among investors. This week’s wobbles are far less dramatic, but perhaps no less worrying.

The MSCI World index of developed countries’ stocks is on track to clock its worst weekly performance since the week through March 20, driven by mounting signs that lifting lockdowns won’t end the damage to the global economy. European indexes are suffering more, in part because they lack big technology leaders like Amazon.com and Microsoft that are reaping rewards…

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