Quote:
Originally Posted by Nancy
Are we at -40% now... is this on par with the crash of 29?
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The scary thing for foreign investors in the USA is that the market has lost another 40% (or whatever it works out to now) on the exchange rate in the past 3 years or so.
Brutal.
And it is not whether this is bottom or not that concerns me, it is how long it is before it ever recovers that has to concern people. There is no rule that it has to go up after it has gone down, it can very well just stay down for an extended period as a new financial/global order works itself out.
Claeren.