Thursday, November 20, 2008
Posted by Roberto
11:48 PM
0 comments
BUBBLE HISTORY SAYS:
MORE PAIN AHEAD FOR FINANCIALS
John Roque, Managing Director, Natixis Bleichroeder:
"Historically, we noticed that most bubbles aren't popped until they are down 90 percent from their peak. Even with the S&P Financial SPDR down more than 70% from its peak, the entire sector still has more pain ahead."
Historical peak-to-trough declines of past Market Manias:
Dutch Tulip Mania (1637): 90% peak-to trough decline
South Sea Co. (1720): 90% peak-to trough decline
Missisipi Co. (1720): 95% peak-to trough decline
Tokyo Real Estate (1989): 84% peak-to trough decline
Nasdaq (2000): 77% peak-to trough decline
U.S. dotcoms (2000): 92% peak-to trough decline
U.S. Financials (2007): 71% so far
- Information is Beautiful
- Trend Hunter
- Cool Infographics
- Information Aesthetics
- Interactive Architecture
- dataisnature
- Creative Observer
- Design Spotter
- feeladdicted
- Paleo-Future
- TechCrunch
- Trendwatching.com
- Graffiti Research Lab
- t r a n i s m
- Douwe Osinga
- AudioCubes.com
- we make money not art
- Pasta and Vinegar
- Lunch over IP
- Engadget
- Unusual News/Ideas
- CScout Trendblog
- Agenda Inc. News
- digg labs / stack
- Technorati
- Robots Dreams
- gadgetblog
- Create Digital Motion