2008 Performance of Stocks, Oil, Dollar, Long Bond

Below we highlight the year-to-date performance of the S&P 500, oil, the dollar, and the long bond (10-Year Treasury Note). While it has been a horrible year for stocks (S&P 500 down 39%), it's been much worse for oil, which as we all know was up nearly 50% for the year back in July.

While most asset classes are down big, the US Dollar has risen 6%, and Treasuries have skyrocketed. As shown, the 10-Year Treasury Note is up a whopping 21% this year, prompting the majority of market participants to call it the next bubble.

click to enlarge

Comments

[It Figures:]

Hard to see why above rants should be disappointed when a post titled "2008 Performance of Stocks..." presents data on 2008 performance! It's like the woman complaining about all the pornography on her VCR.

Think before you click.

Jan 01 08:58 AM

[k45:]

It's a worthwhile article, looking at the chart, it's obvious that treasuries are overpriced (and heading for a fall) and oil may be the right place to invest.

Jan 01 01:37 PM

[CloroxCowboy:]

I'm disappointed because I already know the basic info, which is all these guys ever provide. What I expect from authors on this site (and I hope it's not an unrealistic expectation) is some kind of added insight. I have no problem with anyone posting a graph or talking about events in the past, but if that's all there is to the article perhaps the title should be:

Jan 04 02:29 PM