
Bear Market Bounce or Stock Market Bottom?
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Europe and Asia - What's Driving the Relative Performance?
I would expect most epty markets to fall roughly 30 % from their peaks. In europe, for example, we're not too far away from that now. And it's true across some of the emerging markets. We've got further to go in the us. Has a highr valuation, but there's a greater probability of a softer economic landing in the us Economy than there is in other markets.
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