Virtually every single major market is down at least some way, and fear is starting to spread across the market sector.
We've even had our first majorly apocalyptic call of the year, with Societe Generale's uber-bearish economist Albert Edwards predicting that the US stock market is going to crash by 75%.
Deutsche Bank analysts Marcos Arana and Matthew Luzzetti just dropped the "House View: Market Outlook 2016" note, a 50-slide monster absolutely filled with brilliant charts and data about what the bank reckons will happen this year. Contained within the report is also an excellent summary of just how horrible the markets are so far in 2016.
Check it out below.