You Won't Believe How Far Spain Has Fallen

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics International Video Latest Thursday, April 19, 2012 You Won't Believe How Far Spain Has Fallen Spain's IBEX 35 index—which tracks the largest 35 stocks in the Bolsa de Madrid by market capitalization—is down a whopping 19.36 percent year to date. But this is nothing in comparison to how fall it has fallen since 2007. That index is down a full 9,037.6 points since hitting a high of 15,945.70 on November 8, 2007. Since that time, the index has lost about three-fifths of its value. The index is not far off its multi-year lows either—if it sees losses of more than 1.31 percent tomorrow then it will be below the crisis low of 6,817.40 set on March 9, 2009. Ugly stuff. Read » Also On Money Game Today: The Number One Thing Investors Are Going To Look At In Tonight's Microsoft Earnings 15 Of The Most Spurious Correlations In The Stock Market Inside The Shady Offshore Finance Networks Of The Chinese Elite These 10 Stocks Will 'Bullet-Proof' Your Portfolio Advertisement CHART OF THE DAY: This Is The Chart That's Causing Spain To Get Crushed Today CHART OF THE DAY: The Run On Spain CHART OF THE DAY: This Is Why They Call It TAXMAGEDDON Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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