Some more bits and bobs to capture the current mood among investors:
— MSCI’s all-country world stock index has recaptured all of its 2009 losses and is now working on recouping last year’s. It is up 6 percent for this year.
Some more bits and bobs to capture the current mood among investors.
— So far, 2009 is worse than 2008 for stock investors. MSCI‘s main world index is down around 17 percent in January and February. A year ago, it had lost around 8 percent.
— Some stock indexes have started to fall below their 2008 lows, meaning the turn-of-the-year rally has petered out. Dead cat bounce?
— The estimated earnings growth rate for the S&P 500 for Q4 2008 currently stands at -1.2 percent. Six months ago, this was estimated at 59.3 percent.