Global Market Returns to Date

Mar 9, 2008: 4:06 PM CST

The global equity return for 2008 so far is quite bleak. Let’s look at this chart to see some of the major financial markets’ rate of return since January:

Global markets are correlated, and global equities are enduring a correction that is taking them near bear market territory (generally a decline of 20% or more).

Keep in mind that most markets made their peak in October or November of 2007, and technically some have declined beyond the 20% threshold for a bear market.

What two major markets have declined the least?

Brazil (at -3%) and China (at -4%), neither of which are shown on this chart.

Global markets haven’t been entirely safe from diversification away from the United States. If we are entering into a global bear market, genuine caution must be used.

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One Response to “Global Market Returns to Date”

  1. 10kthrownaway » Blog Archive » The 8:01 Report Says:

    […] – What traders do when they retire Global Market Returns year to date, quite depressing Every trader wants to know when to adjust position size Chris […]