Wednesday, October 1, 2008

Stat of the Day: DOW has rare 4 straight quarters of losses

Its been since the 70s that the DOW has had 4 staright quarters of losses. Here are some other stats from CNBC showing how bad the world markets have been since the highs of last year. The Russell 2000 has been the best performing index with only a 22% loss. China with it's 62% loss has made our losses seem rather small. Guess it's all about your perspective in this market.

With todays start, the market is headed towards a 5th straight quarter of negative returns. If 4 negative quarters haven't happend in 40 years, makes me wonder how long its been since we've seen 5 negatives.

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