Stocks on the JSE suffer their worst decline in 14 years Posted on May 8, 2009May 8, 2009 by Your Financial FactSheet Jamaica Observer: “Stocks on the JSE suffer their worst decline in 14 years” Stocks on the Jamaica Stock Exchange (JSE) are suffering their worst decline in 14 years, a recovery is expected in 2010. Jamaica Observer: “IMF says Caribbean will recover quicker from the global crisis” The impact of the global recession on the Latin America and Caribbean (LAC) region has been severe and wide-ranging, but the region is now better positioned to weather the current downturn and is expected to emerge from the financial crisis earlier than the advanced economies, according to the latest Regional Economic Outlook: Western Hemisphere report of the International Monetary Fund (IMF).