-
REAL ESTATE
...Down
by 15% to 50% (and more) depending upon the country.
-
ICELAND...Bankrupt...Oct.2008
nationalizes banks;
turns to International Monetary Fund for help.
-
BALTIC DRY
INDEX...Down 90%...
a leading indicator
of shipping rates & global trade.
-
JAPAN (NIKKEI)...Down
81%...
from all time high of 38,957 on December
29th 1989.
-
RUSSIA (RTS & MICEX)...Down
77%...
exchanges shut down several days to stem
panic.
-
CHINA (SSE)...Down
72%...
from all time high of 6,029 0n October 16th 2007.
-
KOREA (KSE)...Down
68%...
from high in May 2007.
-
ARGENTINA (MERVAL)...Down
64%...
moves to take over $30 billion in private pension
funds.
-
INDIA (BSE)...Down
60%...
since January 2008.
-
TURKEY (ISE)...Down
59%...
from high in November 2007.
-
HONG KONG (HANG SENG)...Down
55%...
past 12 months.
-
ITALY...Down 53%...
past 12 months.
-
BRAZIL (BOVESPA)...Down
52%...
from May 2008 peak. Trading suspended 5 times in 3
weeks.
-
FRANCE (CAC)...Down
50%...
from June 2007.
-
GERMANY (DAX)...Down
50%...
year to date.
-
GREAT BRITAIN
(FTSE)...Down 47%...from
all time high of 6,930; now “officially” in recession.
-
MEXICO (IPC)...Down
47%...since
June this year.
-
AUSTRALIA (ASX)...Down
45%...
from all time high of 6,829 on November 1st 2007.
-
U.S.A (DJIA)... Down
46%...
to 8,154 on Oct.10th 2008 from 14,198 on Oct.11th
2007. Interesting that the American market (where this crisis all began)
is down less than so many others...but not surprising really with the
U.S. Fed prepared to monetize as much debt as necessary to avert a
Financial Armageddon.
-
OIL...Down 54%...
after peaking at $139 in June 2008. OPEC Nations
hastily cut supply.
-
COPPER...Down 50%
from July 2008 high.
-
NICKEL...Down 62%
year to date.
-
$- GOLD...Down 20%
+...
from high of $1,010 on March 17th 2008.
-
€ -
GOLD…UP to STABLE
-
£ -
GOLD...UP
-
ZAR –
GOLD…UP
-
AUSSIE – GOLD…UP
-
For
BONDS the answer is function of the currency and the inflation
rate of that currency.
The general rule is that they are a LOSS.
-
CASH was worse than BONDS - except for the
lucky YEN
holders. The general rule is that they are a LOSS
because of the Negative Real Interest rates. Remember, Paper money is
debt...
-
The Dollar gained 10
% against the Euro.
-
The Yen was the
strongest currency and was up both against the Euro and the Dollar.
+1
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