Drawdowns*
Bitcoin: -58.3%
Shanghai Comp: -13.2%
China A Shares: -11.9%
Nikkei 225: -12.6%
Brazil: -11.6%
Nasdaq: -10.4%
S&P 500: -10.2%
Mexico: -9.4%
Russell 2000: -9.3%
Oil: -9.2%
EuroStoxx 600: -7.2%
India: -5.5%
Gold: -3.5%
Euro: -2.1%*from recent highs, bloomberg data
— Lawrence McDonald (@Convertbond) February 9, 2018
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In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
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