Although February was only a marginally negative month (down 0.4%) for the Australian Stock Market price index(AllOrds), it follows three other negative months for a total decline of 16.3% over the 4 months. This is the worst 4 month result since the October 1987 crash. The depths of the 1990 recession "we had to have" was close at -16.1% to November 1990. Over FinDem's 130 year history of the Australian stock market the latest 4 month result has a frequency of 1 in 50.
Posted Sunday, 2 March 2008
- Tuesday, 24 Jan 2017 - Super Objective Amendment
- Thursday, 1 Dec 2016 - APA16 Paper 50+ Finance
- Thursday, 24 Nov 2016 - APA Conf. Next Week
- Wednesday, 5 Oct 2016 - A World View by Paul Kelly
For past news items, visit the News Archive.