This year, the government and central banks around the world took extraordinary measures to get their economic growth.

The Financial Times in 2009

In London, the FTSE saw the biggest since 1997, the annual gains, up 22% during the year. Germany’s DAX index rose 23%, France’s CAC increase of 22. %.

A step back after the war looking for the stock market, especially the United States, we seem to enter a long-term bear market and fair manner – 10 years, to be exact.

Analysts believe that development is promoted by the global economic recovery.

“Global financial stability and help avoid depression, as most asset classes began to feel the extraordinary in the second quarter and coordination of policy interventions affect the back edge of the world economy …, said:” Jeffrey Yu, analyst UBS.

This is worth bearing in mind that, but in the past decade, rich, DAX index and the Paris CAC40 dropped more than 20%.

Standard & Poor’s in 2009 500

U.S. stock prices have also performed well. Despite all of the 1%, the Wall Street major indexes in the New Year’s Eve, the last trading hour broad-based decline in the Standard & Poor’s 500 index rose nearly 25%, since the strongest performance since 2003, while the Dow Jones up 20% . Technology-driven Nasdaq composite index rose twice, pool 45%.

stock_market_sp500_09However, these advances pale compared with the Chinese stock market rebound. In the Shanghai Composite Index jumped 80 percent this year.

China’s stock market board
China’s main stock index rose 80% this year

“In the [Shanghai] index may continue to rise next year to support their recovery to improve the economy, a stable economic policies and optimistic about the listed company’s revenue,” said Xu Yinhui, said Guotai Junan Securities in Shanghai, a senior analyst.

Hong Kong’s Hang Seng index rose 52 percent, while Japan’s Nikkei index closed a relatively moderate 19%. Japan’s economy remains troubled by deflation, and the fear that it may re-enter a recession.

As for the 2010 go, experts say, these gains may not be repeated. Governments are expected to withdraw financial support, but also worried that businesses and consumers without its struggles.

Bryant Daley, at Newedge Group in Hong Kong, a senior analyst said that incentives in 2009 to cover up the extent of the problem.

“One thing is certain in 2010: If growth is only extended for more stimulus, we will only postpone the problem and avoid the pain, until 2011 or later,” he said.

Oil rig
Recovery in oil prices in 2009

Commodity futures market is also gathering. Crude oil futures in New York this year, about 79 U.S. dollars a barrel – about 78% growth in the biggest annual increase in 10 years.

Gold prices continued to hit new high in 2009, the dollar fell – 1,226.10 an ounce peak in early December – about 25%, more than increase this year.

Analysts pointed out that the prospects for 2010 depend largely on whether the U.S. interest rates began to rise, which could boost the dollar, it struck gold.

A weak dollar makes commodities – such as gold and oil – cheaper for foreign investors, thereby stimulating demand and pushing prices higher.

“If we are in a stable and slow recovery, in the interest rates rise, greatly overestimated the golden age. But if the dollar and the pound sterling to fall – well, gold would be reflective or even exceed it.”