German DAX Composite Down 20.62% Since Beginning Of August (Chart)

The DAX is down 3.38% this morning. I can't believe it lost 23% in eleven days. A 20% price decline is considered a bear market.

German DAX Composite (StockCharts.com)
Related:

Morgan Stanley “Dangerously Close to Recession” – Lowers GDP Estimates (HedgeAnalyst)

German Bund Yield Slides to 11-Month Low Amid Concern Growth is Faltering (Bloomberg)

Germany's discouraging GDP data adds to fears (Bloomberg News/Deleware Online)

German Slowdown Sapped Euro-Zone Growth in Second Quarter (Spiegel)

It’s a Technical Mess All Over the World: Yamada (Breakout Video)

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