Worries over the world economy have wiped another 2% off European stock markets this morning * 1.30pm update: FTSE 100 down 121 points, or 2.1% * European markets hit by growth fears * Greek stock market plunges * Oil falling again * Global economy ‘on the brink’ as investor sentiment shrinks * Deutsche Bank being hit hard 1.31pm GMT THE SELLOFF IS GATHERING PACE IN FRANKFURT. The German DAX index has just slumped through the 9,000 point mark for the first time in 16 months, down 3.2%. Germany's DAX index falls below 9,000 for the first time since Oct. 2014 https://t.co/OQRPoHvpvZ 1.17pm GMT STOCK MARKET WIZARDS LIKE TO TELL YOU THAT ‘BUY AND HOLD’ IS A SOLID STRATEGY, THAT ALLOWS SHAREHOLDERS TO RIDE OUT TURBULENCE. Shares outperform other assets in the long term, they chant. Grelapse. Greek stocks slump to lowest level in quarter of a century. Athens index 469 points pic.twitter.com/X08Utd2XTp Continue reading...
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