That was back when investors feared a breakup of the euro bloc. Before that, the index reached "panic" state around the onset of the 2008 financial crisis, after the Sept. 11, 2001 attacks on the U.S., during thedotcom bubble and after Black Monday in 1987.
Get the picture?"
at http://www.zerohedge.com/news/2015-10-04/global-investors-panic-most-2012
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