Prieur du Plessis submits: White knuckles and shaky knees abound as the bear’s growl grows louder. While on the road in Switzerland (where even the gnomes are gloomy), I have put together a table of global stock markets’ performance – over various measurement periods and in both local currency and U.S. dollar terms. The numbers speak for themselves and can best be summarized in a single sentence: “Nowhere to hide.” The Wall Street “leash effect” remained paramount, and decoupling nothing more than a theoretical myth. Complete Story »