We will all go together when we go

An impressionist’s view of the global equity markets in 2008 — eight index lines tumbling down, a cascade of loss.


See the waves of synchronized selling, the major U.S., European and Asian indices moving together in a shaky dance.  Falling, recovering and finally capitulating, ending the year crashed on the floor, disoriented and spastic.  There is no de-linking of global financial markets.  There is universal suffering.

Which, as Tom Lehrer noted, has a bright side.

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