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S&P 500 Now Down 52% From All-Time High
S&P 500 Now Down 52% From All-Time High
There have now only been two periods in the history of the S&P; 500 where the index declined more than 50% from an all-time high -- 1929 and now. In the first chart below, we highlight the percentage change from the S&P; 500's most recent all-time high to its current level, along with the change ...
Jeremy Siegel Says the Standard and Poor's 500 Index Miscalculates Its Earnings
online.wsj.com — JEREMY J. SIEGEL Standard & Poor's recently shocked investors with an announcement that reported earnings for its S&P 500 Index for the fourth quarter of 2008 are forecast to be negative for the first time since such data were calculated in 1936. S&P ... (more) Jeremy Siegel Says the Standard and Poor's 500 Index ...
The S&P 500's Incredibly Shrinking Market Cap
The S&P 500's Incredibly Shrinking Market Cap
bespokeinvest.typepad.com — In an earlier post on the declines that individual stocks in the S&P; 500 have seen over the course of the index's six-day losing streak, we noted that because of their market caps, if they were being considered for inclusion into the index today, ... (more) The S&P 500's Incredibly Shrinking Market Cap
Financials Wipeout
Financials Wipeout
bespokeinvest.typepad.com — In the first chart below we highlight a ratio of the S&P; 500 to the S&P; 500 Bank group going back to 1940. When the ratio is rising, the financials are getting weaker relative to the S&P; 500 as a whole. As shown, the ratio is currently as high as ... (more) Financials Wipeout
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Wednesday links: lowered standards
Abnormal Returns — ... Federal Reserve Chair actually produce a 4% increase in the value of the U.S. capital stock?”  (Econbrowser) “There are many reasons for the S&P 500 to have fallen over the past two years and continue to fall in value from its current levels, but the cause is not a reduction in dividends.”  (Value Expectations) Some perspective on the current bear market.  (Bespoke, Clusterstock) The VIX cratered on the ...

WSJ: Stocks Drop to 50% of Peak
CrossingWallStreet.com — The Wall Street Journal notes that the S&P; 500 is now half of its peak. This is the only the second time in history that has happen. The first time was the grandaddy -- 1929. Bespoke writes: Ultimately in the bear that started in 1929, the S&P; 500 dropped a whopping 86.19% from its all-time high. This low occurred 679 trading days after the all-time high was reached, or about two years and nine months. The current decline has lasted one year and four months. But by far the most depressing aspect of the 50%+ decline back in the 1930s was how ...

Words From the Investment Wise Mar 1, 2009
The Big Picture — ... one year and four months. “But by far the most depressing aspect of the 50%+ decline back in the 1930s was how long it took for the index to make a new all-time high. Following the peak in 1929, the S&P 500 went 6,251 trading days before hitting a new all-time high 25 years later. “Obviously a lot more has to happen for the market to continue lower and reach -86%, but the current declines aren’t in good company.” Source: Bespoke, February 24, 2009. Bespoke: Financials wipeout “In the ...

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From the inboxCommon Tragedies
Don’t really have time to read this today, but it looks interesting so I figured I’d pass it along: Climatico has released a report assessing climate change policy for the period November 2008 - March 2009. A key theme we identified is the poor and worsening prospects for ...
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Technically Precious with MervGoldSeek.com
The US $ broke through resistance but quickly dropped. A false break-out?? In the mean time gold just keeps on trucking. A very little more upside and it will be in new all time high territory.
Gold At Record High In Terms Of Most CurrenciesStefan Karlsson's blog
The all time high for gold was reached on March 17, 2008, when it briefly traded as high as $1,030.80 , right? Well, yes and no. While gold has gradually recovered most of the losses it suffered in the ensuing sell-off, it is still at $975 below that peak in U.S. dollar terms . Note the emphasis ...