European Stocks Crash Most ‘Since Lehman’, Enter Bear Market

Monday, March 9, 2020
By Paul Martin

by Tyler Durden
Mon, 03/09/2020

European stock markets just suffered their worst decline since Lehman… Oct 2008 as the crude and Covid chaos rolls around the world…

Europe is now down over 22.5% – a bear market – from highs just 3 weeks ago…

Source: Bloomberg

The selling was absolutely across the board…

Source: Bloomberg

European banks crashed to their lowest since March 2009… but judging by EU bank credit, there’s more to come…

Source: Bloomberg

And European credit is crashing…

The Rest…HERE

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