| 2008: The year in markets |
| U.S. indexes |
| Dow Jones Industrial Average |
-35% |
| S&P 500 |
-39% |
| Nasdaq |
-42% |
| Dow Jones Financials |
-55% |
| Amex Oil Index |
-38% |
| International indexes |
| Germany DAX |
-40% |
| FTSE 100 |
-31% |
| Japan Nikkei 225 |
-42% |
| China Shanghai Composite |
-65% |
| Mexico IPC |
-24% |
| Brazil Bovespa |
-41% |
| Currencies/commodities |
| Gold |
+4% |
| Crude |
-64% |
| Dollar index |
+5% |
| Pound vs. dollar |
-27% |
| Dollar vs. yen |
-19% |
By the by, "HAPPY NEW YEAR!" Just finished a "Champagne brunch" overlooking the lower reaches of the Colorado River, under blue sky and temp in the mid 60"s!
Rule of Thumb: "Extreme positions are not succeeded by moderate ones, but by contrary "extreme" positions." Fredrich Nietche
(if we were home, -20's, feet of snow, with a cold "biting" wind, so Nietche's "extreme positions" can even reach into climatic conditions!")
As true now as it was when he "coined' the phrase!
RUF
