Global Stocks Enter Bear Market - Bloomberg

We think we may be safe here but this is a global economic crisis.

Global Stocks Enter Bear Market - Bloomberg: “The storyline is that global growth is decelerating,” Mike Ryan, the New York-based chief investment strategist at UBS Wealth Management Americas, said in a telephone interview. His firm oversees $774 billion. “Financial stresses are rising and policymakers are finding few viable options to stabilize the real economy.”