Stocks: Is Market Fear Nearing Its Peak?

S&P says extreme readings on key sentiment indicators may signal that we are much closer to a market capitulation than most people think

Global equity markets were in retreat Aug. 16 and investors are asking: How low will they go, and when will it end? Through Aug. 15, the S&P 500 fell nearly 10% since its July 19 closing peak. International indexes have also tumbled, with the MSCI-EAFE and Emerging markets indexes having fallen 9.6% and 9.0%, respectively, during the same period.

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