Stock market returns in perspective |
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History does repeat itself |
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| Total | Returns (%) | |||||
| Year | Ireland | US | UK | Europe | ||
| ISEQ | S&P 500 | All Share | Stoxx 50 | |||
| 1970’s very volatile but ok overallThe oil crisis in 1973 and 1974 along with the global recession which ensued caused rampant inflation and soaring interest rates – a difficult environment for companies and therefore the stockmarket. However returns per annum, when looked at over the decade were reasonabley good. | ||||||
| 1970 | -8 | 4 | -3 | -9 | ||
| 1971 | 43 | 14 | 48 | 28 | ||
| 1972 | 12 | 19 | 16 | 16 | ||
| 1973 | -19 | -15 | -29 | -8 | ||
| 1974 | -51 | -26 | -51 | -23 | ||
| 1975 | 121 | 37 | 152 | 44 | ||
| 1976 | -5 | 24 | 2 | -6 | ||
| 1977 | 113 | -7 | 49 | 24 | ||
| 1978 | 26 | 7 | 8 | 24 | ||
| 1979 | -9 | 18 | 11 | 15 | ||
| compound pa | ||||||
| in the 1970’s | 11 | 6 | 10 | 9 | ||
| Excellent returns in the 1980’s | 1980 | 18 | 32 | 35 | 15 | |
| Even with a global stockmarket crash in 1987, the 1980’s was a muchbetter decade for investors. | 1981 | -2 | -5 | 14 | -10 | |
| 1982 | -7 | 21 | 29 | 6 | ||
| 1983 | 86 | 22 | 29 | 22 | ||
| 1984 | -3 | 6 | 32 | 1 | ||
| 1985 | 61 | 32 | 20 | 80 | ||
| 1986 | 59 | 18 | 27 | 45 | ||
| 1987 | -9 | 5 | 8 | -12 | ||
| 1988 | 46 | 17 | 12 | 33 | ||
| 1989 | 39 | 31 | 36 | 27 | ||
| compound pa | ||||||
| in the 1980’s | 25 | 17 | 24 | 17 | ||
| And in the 1990’s | 1990 | -27 | -3 | -10 | -22 | |
| Despite the gulf war in1991 and the Asian crisis in 1998 stockmarketsdelivered an excellent compound per annum return during this decade. | 1991 | 24 | 31 | 21 | 16 | |
| 1992 | -8 | 7 | 21 | 3 | ||
| 1993 | 71 | 10 | 28 | 39 | ||
| 1994 | 2 | 1 | -6 | -8 | ||
| 1995 | 26 | 37 | 24 | 14 | ||
| 1996 | 26 | 23 | 17 | 23 | ||
| 1997 | 56 | 33 | 22 | 37 | ||
| 1998 | 27 | 28 | 14 | 32 | ||
| 1999 | 2 | 21 | 24 | 46 | ||
| compound pa | ||||||
| in the 1990’s | 17 | 18 | 15 | 17 | ||
| Battle to deliever same returns in the Millenium | 2000 | 16 | -9 | -6 | -3 | |
| We have seen a general downturn in economies at the start of the centurywith the whole 9/11 affair taking its toll on the marketplace before the Worldfell foul of the Techbubble collapse in 2002. The markets rallied toward acomback in 2003 and stayed positive until the more recent volatility we haveexperienced, which is a result of the worldwide Banking Crisis in 2007. Thiscoupled with our over dependance on the construction industry has had anextreme impact on Ireland in particular. | 2001 | 1 | -12 | -13 | -19 | |
| 2002 | -30 | -23 | -23 | -36 | ||
| 2003 | 23 | 29 | 21 | 18 | ||
| 2004 | 25 | 11 | 13 | 9 | ||
| 2005 | 19 | 5 | 22 | 24 | ||
| 2006 | 28 | 16 | 17 | 18 | ||
| 2007 | -26 | 5 | 5 | 10 | ||
| 2008 | -66 | -38 | -30 | -42 | Where is the bottom and how strong will the recovery be this time? | 2009 H1 | 15 | 5 | 1 | 1 |