European Sovereign Debt Problems Punish the Markets.  September was a difficult month for equity investors. Global stock exchanges entered bear market territory for the first time in since 2008. Coming out of the summer months, the global stock markets were already jittery because of weak economic growth, US fiscal challenges, fear of recession, and European debt problems. So it didn`t take much in the way of bad news to cause markets to plummet in the month of September.

RLI Market Commentary, by Ryan Lamontagne Inc.
October 2011

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