2 Out Of 3 Countries Are In A Bear Market

I took at look at the top 30 country ETFs we track, and thought it interesting that two out of three were in bear market territory (down 20% or more from 52 week highs).

The best performer?  The US stock market.

Spain, Italy, Russian, and Austrian ETFs are all down 40% or more.

Will update after lunch with a chart.