Another week has passed. A week with a new negative peak of the crisis. The S & P500 closed at 735.09 points, its lowest level in 12 years. Recent rumors put pressure on the courses, according to Citigroup also be nationalized needed. The bank stocks plummeted again a massively. As it goes, nobody knows rightly so. Some experts speak of a further 20% within a few weeks, others explain 20% of their price target. The graph that is displayed on the right shows the plight of the banks wonderful. It shows the market capitalization (market cap) on the 10 largest banks, on the one hand, 31 October 2007, on the other hand by 2/19/2009. The market capitalization has fallen until now by more than 75 percent. But other companies in various sectors due to the financial crisis posted massive losses in market capitalization. The crisis is expensive!
This chart and many other interesting, Similar diagrams can be found at: http://econompicdata.blogspot.com .
0 comments:
Post a Comment