WEEKLY COMMENT MM PRIME TFI S.A. - December 15, 2014
Last week was quite scary for investors across almost all global markets, losses were significant. In developed markets, especially Western Europe declines were almost violent. The DAX lost nearly 5%, and the CAC40 went down by as much as 7%. Investors in US lost less than this, however the S&P500 adjustment of 3.5% was also impressive.