The Years Equities Declined in January
As January deepens losses for most major equity indices, here is a look at the years when US equities, measured by the Dow Jones Industrials index, had a negative January. In fact, the last time we had a negative January was in 2010, when the Eurozone crisis was kicked off and US stocks had a Flash Crash in May. The bust of the technology bubble kicked off in 2000, which also saw a 7% decline in January. Another spectacular year of spectacular losses was 1998, when the Asian currency crisis, coincided with damage in Russia and Brazil, a classic case of emerging markets collapse. Finally, 1990, the year of the Savings & Loans crisis in the US and the 1st Gulf War, started off with a negative January before leading to a 17% decline in Aug-Nov. This analysis does not necessarily imply a decline in the whole of 2014, but 2 or 3 months of sharp declines, including the much-awaited decline of at least 10% from peak to trough in US equity indices.
Latest IMTs
-
محتوى بوصلة السوق من العائد الى الذهب و الناسداك
by Ashraf Laidi | Mar 20, 2024 12:42
-
BTC Needs Powell Correction بيتكوين بحاجة الى تصحيح
by Ashraf Laidi | Mar 18, 2024 17:20
-
Not once, twice, but six ستة مرات ليس صدفة
by Ashraf Laidi | Mar 13, 2024 10:07
-
Finding 88K Bitcoin كيفية الوصول الى
by Ashraf Laidi | Mar 4, 2024 12:21
-
شراء بيتكوين وصل الى عشر أضعاف الإنتاج
by Ashraf Laidi | Feb 29, 2024 9:17