Mattresses outperformed in 2008

 

What a year 2008 was for equity investors. Money flowed out of stocks and into mattresses now trading on financial markets under the guise of U.S. treasury notes. Here is a roundup of the declines on world stock markets (as supplied by Adrian Mastracci, portfolio manager at Vancouver-based KCM Wealth Management).
Market Decline to Dec. 31
China – 65.8% India – 52.1% Hong Kong – 48.3% France – 42.7% Japan – 42.1% Brazil – 40.3% Germany – 40.4% Nasdaq – 40.5% S&P 500 – 38.5% Toronto – 35.0% Dow Jones – 33.8% UK – 31.3% Mexico – 21.6%

Comments are closed.