S&P’s First Week Performance Worrisome
Commercial Real Estate Investing, Market Data January 4th, 2008If the performance of the S&P Index during the first week of January is right again this year, the markets and the economy may be facing a bumpy ride ahead.
Below is the performance of the S&P 500 index over the last ten years; and 2008 has had the worst showing in a decade. We’ve been advising our clients to take a cautious approach and we believe that while the fundamentals in Silicon Valley remain strong, the pockets of weakness will expand and both tenants and investors should apporach any investment or lease with that in mind.
| Year | S&P change in first week |
| 1998 | +3.49% |
| 1999 | +3.66% |
| 2000 | -1.90% |
| 2001 | -1.66% |
| 2002 | +.95% |
| 2003 | +3.77% |
| 2004 | +1.09% |
| 2005 | -2.14% |
| 2006 | +2.88% |
| 2007 | -.49% |
| 2008 | -3.27% |
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Loading ...Tags: Commercial Real Estate, Investing, S&P 500, Silicon Valley, Trends
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