Markets

World markets in plain words

Five groups of markets: what trades there, what moves prices and what makes each market dangerous. The numbers in the tables are calculated in your browser from fresh source candles.

Three things worth knowing about any market

Before you compare returns, it is worth understanding where they come from.

Where the return comes from

Stocks bring a share of company profits, bonds bring interest, and gold and crypto bring only price changes. That is why stocks and bonds have a “built-in” return, while gold and crypto do not.

The price of risk

The higher a market’s average return, the deeper its falls: for crypto, drawdowns of 80–90% are a normal part of its history; for bonds, they are rare.

Account currency

An index rising in rubles and rising in dollars are different things: when the ruble falls, an index in rubles can rise while it stands still in dollars.