A 10% drop in a major global equity market index is a significant event, and below we provide three charts highlighting today's big down move in the Nikkei-225. The first chart highlights the intraday movement in the Nikkei. While it ended the day down 10.55%, it's important to note that the index was actually down 14.48% at its low for the day and then rallied a whopping 7.52% before settling at its closing level.
The six-month chart of the Nikkei shows just how sharp the declines over the last two days have been....MORE
Tuesday, March 15, 2011
A Look at the Nikkei's Fall; Now in a Bear Market
From Bespoke Investment Group: