Login
Sat 28 Nov 2009 | 01:48 EST
You are here:Home > News > Blogs > Global Investing > Article
Home
Business & Finance
News
U.S.
Politics
International
Technology
Entertainment
Sports
Lifestyle
Oddly Enough
Health
Science
Special Coverage
Video
Pictures
Your View
The Great Debate
Blogs
Reader Feedback
Do More With Reuters
RSSRSS Feed
Mobile
Podcasts
Newsletters
You Witness News
Partner Services
CareerBuilder
Affiliate Network
Professional Products
Support (Customer Zone)
Reuters Media
Financial Products
Find a financial adviser
About Reuters

Reuters Blogs

Global Investing

Insights behind the investment headlines

« Previous Post
Next Post »
17:58 March 5th, 2009

The wealth effect in reverse

Post a comment (2)
Posted by: Reuters Staff
Tags: Global Investing, , ,

This chart shows losses in the Standard & Poor’s 500 index since October 2007. Joseph Brusuelas, a director at Moody’s Economy.com, said from the 2007 peak to the first quarter of 2009, U.S. stock holdings fell $7.6 trillion in real terms. “Our estimate suggests that through the end of March, U.S. stock wealth will have fallen by $66,000 per household,” he said.

- Emily Kaiser

Comments RSS

2 comments so far

March 6th, 2009
5:30 am GMT

This down trend formation has come from several sideways of the the S&P. 500 index. It can go from now on anywhere. The bottom is hard to predict because manipulation is strong. Several levels of support and resistance would had been drawn from the graphic. But actual results difficult to determine

- Posted by Fernando Guzmán
March 9th, 2009
7:27 am GMT

When will we learn that market growth has people [actuaries] that do realty predictions over 25 years +. These people gave the correct answers but the Directors of institutions and Companies decided they knew better and “took pension holidays”, increased dividends, started moving into high risk areas. What happened to the good old fashioned acceptance of receiving +1% over Government Gilt as an acceptable return over a long period? In the end with all the manovering and pain this is what it will be.

- Posted by Geoffrey Cope

Post Your Comment

*
To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Click to hear an audio file of the anti-spam word

House Rules:
  • We moderate all comments and will publish everything that advances the post directly or with relevant tangential information
  • We try not to publish comments that we think are offensive or appear to pass you off as another person, and we will be conservative if comments may be considered libelous information.