Michael Rafferty

If you have just come back from a summer break, or had switched off your communication devices at home, you may have missed the fact that 2016 has opened with a run of losses on global stock markets, many now exceeding more than 20% from 2015 highs.

If you have just come back from a summer break, or had switched off your communication devices at home, you may have missed the fact that 2016 has opened with a run of losses on global stock markets, many now exceeding more than 20% from 2015 highs.