Imf

<p>What a brutal year 2016 is proving to be so far for global equity markets. Stocks have been absolutely battered over the past two-and-a-bit weeks and there is still no end in sight for this relentless downward pressure. At the time of this writing, the major European stock indices were down between 2.5 and 3.0 per cent, with the UK’s FTSE taking ...