Tuesday, February 24, 2009

Long Way Down

It keeps going from bad to worse for the Irish stock market. Yesterday saw the ISEQ close at levels last seen in July 1995. Twelve years of gains gone in 24 months.

And to put it in context, I've taken this chart from dshort and added in the ISEQ for comparison. Not only are we deeper into a market crash, we're further ahead since we started first. And just ten percentage points short of how far the Dow Jones fell during the Great Depression ...

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