Trading screens all over the world are showing a sea of red Friday as a global selloff caps an otherwise calm week. From China, to Europe, to the U.S. Market watchers have attributed at least some of the carnage to a combination of Greek default fears, irrational exuberance in China, and a meltdown of the ubiquitous Bloomberg terminals favored by traders and Wall Street bankers. Here are some charts that show the extent of the damage: China’s main stock market – the Shanghai Composite Index surged more than 14% so far this month and more than doubled in the past 12 months. This kind of performance has been worrying ... (full story)