Investors saw a third wiped off the value of their shares in 2008 in the USA, Europe and the UK and two thirds in China
- UK FTSE 100 – down 31%
- USA Dow Jones – down 34%
- France CAC 40 – down 43%
- Germany DAX – down 40%
- Japan Nikkei – down 42%
- China Shanghai SSE 180 – down 65%
Have we hit the bottom? Probably not. But I think the markets will be higher by Jan 1, 2010. The billions pumped in by national governments should be having some considerable effect by then.