Opinion Exclusive

BRIAN GAYNOR: A dramatic quarter but what’s ahead?

Brian Gaynor
Fri, 03 Apr 2020

BRIAN GAYNOR: A dramatic quarter but what’s ahead?
Brian Gaynor
Fri, 03 Apr 2020
The first quarter of the year was a dramatic time for investors with the Dow Jones Industrial Average falling 23.2 percent, its third worst quarter in the past 100 years.The worst two were the December 1929 quarter, when the Dow declined 27.7 percent, and the December 1987 quarter, when it was off 25.3 percent.The NZX50 Capital Index declined by 15.5 percent in the latest quarter, the worst since the December 1987 quarter when the index plunged 48.6 percent.The hazy days of early January - when we were looking forward to another year of positiv...

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