BlackRock/iShares - Weekly Investment Commentary: As Markets Plunge, Some Value Surfaces

Highlights:

- The spike in volatility is consistent with two trends: slower economic growth and deteriorating credit market conditions. That said, we don’t think this is a prelude to another 2008-style cataclysm.

- Despite improvement in European economic data, companies exposed to global trade, particularly in Germany, have been singled out for special punishment. At this point, the selling may be overdone.