Monday, 6 October 2008

Dow Jones falls below 10,000

The Dow is now down 30 percent from its October 2007 peak.

Whatever happened to the Greenspan put?

2 comments:

Anonymous said...

Cash is king, anyone? Notes held in the bank may have lost out on a trade-weighted basis by a bit, but the FTSE has lost alot more AND it's priced in those same pounds.

Nick

Patrick Crozier said...

What I find interesting about that graph is how smooth the left-hand side is and how jagged the right-hand side is.

Sentiment? Shot nerves?