There goes 2014 for stocks

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by Chris Becker

Well, there goes 2014 for the ASX200 – all nominal price gains wiped out as the market falls nearly 1.5% to 5350:

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With dividends, you’re up about 2% according to the accumulation index:

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The iron ore players are mixed, with FMG only down 1.5% while Atlas Iron (AGO) was smashed (possibly on a broker downgrade to 40c target – ouch) down over 6%, but its the big boys BHP and RIO pulling the broader market down, over 1.5% each.

Theres a few months left of course and Chinese stimulus is coming isn’t it? Isn’t it?

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