Wall Street closed in 2008 with a record worst record since the era of the Great 1930 Abuse ago. Suramnya credit crisis and economic projections have been cut optimism market throughout 2008.

In the last trading day, Wednesday (31/12/2008) shares closed stronger with the hope that the U.S. government will do anything to overcome the recession.

Dow Jones Index on the last day 2008 stronger closed 108 points (1.25%) to a level of 8776.39. Index Standard & Poor’s 500 rose 12.61 points (1.42%) to a level of 903.25 and the Nasdaq stronger 26.33 points (1.70%) to a level of 1577.03.

Wall Street leaving in 2008 with the various notes beetle. Kolapsnya Lehman Brothers in mid-September and has the third largest cause for the decline in the index, Dow Jones and S & P 500.

Throughout the year 2008, Dow Jones index plunged 33.8% while the worst since 1931. Meanwhile, S & P also anjlok 38.5% Nasdaq and the worst record with a decrease to 40.5%.

Only two shares that an increase in the Dow Jones over the 2,008 ie Wal-Mart Stores Inc. and McDonald’s. Investors are still confident that retailers Wal-Mart and cheap restaurants Italy MacDonald’s style is still able to record good performance in the middle of hikes unemployment and the threat of recession.

Who shares the worst? The decline was the largest disandang by General Motors. Shares of the largest U.S. automotive company that anjlok up to 87.1% throughout 2008, after experiencing liquidity difficulties and in danger of bankruptcy.

Meanwhile, the S & P, the largest decrease recorded by the insurance company American International Group, or AIG, which shares anjlok up to 97.3%. AIG shares Anjloknya occurred after the U.S. government decided to save the insurance company with the injection of funds is up to U.S. $ 85 billion to prevent bankruptcy.

“It is bad that happens there. And I really hope this event only once in a lifetime,” said Kurt Brunner, portfolio manager of the Swarthmore Group, as quoted from Reuters.

Although in 2008 to become a grim year for the economy, but Barack Obama inauguration as U.S. president is expected to bring a hope. Obama is expected soon to make U.S. economic recovery.

“There is optimism that this new team will do something. Impact of fiscal policy will play a large part in determining how and in the long period of recession and how the economic recovery will happen,” said Michael Cuggino, president and portfolio manager Permanent Portfolio Funds.

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