Wednesday, May 26, 2010

Who is Hurting?

"Declines in key markets from their 52-week highs through Tuesday:
--- What market plunge? Chile, -3.6%; Colombia, -6.1%; Canada, -6.2%; Malaysia, -7.2%.
--- A “correction,” but barely:  Mexico, -10.3%; Germany, -10.4%; U.S. (Dow industrials), -10.4%; India, -10.8%; South Korea, -10.9%; Pakistan, -11.7%; U.S. (S&P 500), -11.8%.
--- Feeling real pain, but still not in a bear market: U.S. (Nasdaq), -12.6%; U.S. (Russell 2,000), -13.7%; Argentina, -14.6%; Australia, -14.7%; Britain, -15.2%; Taiwan, -15.2%; Japan (Nikkei), -16.6%; Saudi Arabia, -16.9%; Hong Kong, -17.3%; Brazil, -17.6%; France, -18.1%.
--- In the bear’s lair: Portugal, -21.7%; Russia, -21.8%; China (Shanghai), -24.4%; Italy, -24.7%; Spain, -26.3%; Greece, -46.8%.
-- Tom Petruno"

Good work Tom!

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