Buy Corn! Sell Greece! The Best and Worst Investments of the Last 5 Depressing Years

More
Congratulations, world. It's been five years since the credit crunch began, and the global economy began to gradually -- and then all at once! -- implode. The good news is we avoided the abyss. The bad news is we didn't avoid a lost half decade. 

It's been a particularly bad time for equity investors. Stocks will hopefully be better in the long run, but the medium run has been pretty miserable -- in the United States, China, Great Britain, Germany, Japan, and especially in Greece. The chart below from James Mackintosh of The Financial Times shows us just how miserable, comparing the best and worst-performing assets since BNP Paribas unofficially inaugurated the credit crisis.

Best:WorstAssets.png

If you're looking for a good return on your money, you could have done a lot worse than piling into bonds and commodities. The former have risen in value as interest rates have dropped to historic lows, while the latter have surged due to emerging market growth and supply shocks. That's why we shouldn't read too much into corn's top performance -- our recent record-setting drought has sent their prices skyrocketing recently.

Hopefully we don't start seeing cash for corn shops springing up anytime soon.
Jump to comments

Matthew O'Brien

Matthew O'Brien is an associate editor at The Atlantic covering business and economics. He has previously written for The New Republic.

Get Today's Top Stories in Your Inbox (preview)


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

Miami: The Next Big Start-Up City?

How the city became a center for innovation

Video

Video

A Brief History of Romantic Comedies

From The Atlantic's Chris Orr

Video

Video

Life in 'the New Arctic'

A moving portrait of a fading landscape

Video

Video

The Rise of New York City

A fascinating look at Manhattan in the 1940s

Video

'I Thought It Was Really Funny, but No One Else Did'

A day with New Yorker cartoonist Joe Dator

Video

New Yorkers: The Winemaker

Make your own wine ... in New York City

Video

What Is Methane Hydrate?

"Flaming ice" is a vast natural energy source

Video

NASA's Time-Lapse of the Sun

Now with epic dubstep music

Video

A Video Letter From the Editor

Highlights from the May 2013 issue

Video

Shaken Not Tuned: Cocktail Experiments

Can a tuning fork improve a cocktail?

Video

Video

The Rise of Environmentalism

Tracking 50 years, from the Love Canal disaster to Greenpeace

Video

Is He Cheating? A 1950s Guide

'That little blonde secretary from the office?’

Video

New Yorkers: Vintage Vacuum-Tube Amps

Risking electric shock to restore old amplifiers

Video

The DIY Piano-Bicycle

Everybody needs a hobby

Writers

Up
Down

More in Business

In Focus

2013 National Geographic Traveler Photo Contest