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US Bear Market Losses: $11 Trillion Dollars

Posted By Barry Ritholtz On March 9, 2009 @ 8:15 am In Markets | Comments Disabled

Here is a mind blowing stat:  Stocks have lost $11 trillion in market value since the October 2007 peak, according to Marketwatch [1].

This is based on the Dow Jones Wilshire 5000 index, which includes nearly every U.S.-listed stock. Losses since the start of 2009 are $2.6 trillion. Nearly half of all stocks in the index are now trading at less than $5, and 37% are under $3.

Nearly 50% of all stocks in the Wilshire 5000, the broadest index of U.S. equities, are trading for less than $5 per share, and 37% are under $3.


Wilshire 5000 October 2007 to March 2009


US Stocks Slip As Early Rally Evaporates [3]
Peter A. McKay
March 6, 2009


U.S. Stocks Gain as Oil Helps Dow Jump 150 Points [4]
Cristina Alesci and Rita Nazareth
Bloomberg, March 6 2009


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2009/03/bear-market-losses-11-trillion-dollars/

URLs in this post:

[1] Marketwatch: http://www.marketwatch.com/news/story/US-Stocks-Slip-As-Early/story.aspx?guid=%7B0D4E87B1-0F6C-4829-B1C8-4670122626FD%7D

[2] Image: http://www.ritholtz.com/blog/wp-content/uploads/2009/03/c2a0wilshire-5000-wfivxc2a0c2a0.gif

[3] US Stocks Slip As Early Rally Evaporates: http://www.marketwatch.com/news/story/US-Stocks-Slip-As-Early/story.aspx?guid={0D4E87B1-0F6C-4829-B1C8-4670122626FD}

[4] U.S. Stocks Gain as Oil Helps Dow Jump 150 Points: http://www.bloomberg.com/apps/news?pid=20601087&sid=aOMoW1aQ6dsk&

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