Top 3: Gold, Silver, Crude Oil
Bottom 3: Irish Equities, European Banks, Greek Equities
[From FT Alphaville]
An interesting observation:
The Spanish, Portuguese, Japanese, Italian, Irish and Greek indices are -24%, -40%, -41%, -51%,-62%, and -81% respectively. For the European countries here, these returns reflect a situation where being unable to control your response to a major financial crisis ends up severely impeding your economy and assets. The underlying problems here are not much greater than say the UK but the response has been completely different.
Bottom 3: Irish Equities, European Banks, Greek Equities
[From FT Alphaville]
An interesting observation:
The Spanish, Portuguese, Japanese, Italian, Irish and Greek indices are -24%, -40%, -41%, -51%,-62%, and -81% respectively. For the European countries here, these returns reflect a situation where being unable to control your response to a major financial crisis ends up severely impeding your economy and assets. The underlying problems here are not much greater than say the UK but the response has been completely different.
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