Stocks Suffer Worst Quarterly Declines in Decades
US stocks closed lower yesterday, with the S&P having its worst first half of the year since 1970.
In the last six months, the S&P500 fell 20.6%, whist the Dow and the Nasdaq have fallen by 15% and 30% respectively.
On the other side of the Atlantic, the UK’s FTSE has dropped by more than 20%.
Are the recessions looking more and more realistic?