Bear Market Descends on Global StocksBy
The MSCI All-World Index falls 20% from its May 2015 record
Retreat is biggest since selloff during 2011 Europe crisis
The yearlong decline in global equities that started with a selloff in energy became a full-blown bear market Thursday as a rout in bank shares extended losses in the broadest worldwide gauge past 20 percent.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.