The Shanghai Composite peaked on June 12th and lost -41%. European stocks peaked in early April. The Dow and S&P peaked mid-May. The Nasdaq peaked mid-July.
Shanghai Composite with U.S. Dow:
The only U.S. sector that gained was beer stocks (brewers), which gained 30% in the past month, due to takeover activity. As it turns out brewers were the only sector to peak after Lehman in 2008:
These are not quarterly returns, they are returns from cycle peak (post-2008) to current level:
S&P 500: -9.86%
Nasdaq 100: -10.53%
Russell 2000: -14.84%
Japan Nikkei: -16.51%
Shanghai Comp: -40.78%
German Dax: -22.00%
Hong Kong: -26.78%
UK FTSE: -13.60%
Canadian Dow: -15.65%
Aussie All Ord -15.00%
Emerging Markets -27.00%
Key U.S. Sectors:
Financials: -11.24%
Transports: -22.00%
Semiconductors: -16.67%
IPO: -20.00%
Materials: -21.57%
Biotech: -23.00%
Healthcare: -14.29%
Homebuilders: -12.82%
Energy: -40.00%
Shipping: -49.88%
Construction: -51.65%
Pharma: -14.86%
Machinery: -23.30%
Resources: -75.35%
Aerospace/Defense: -10.81%
Retail: -7.59%
Utilities: -11.56%
Consumer Staples: -6.00%
