Four Bad Bear Markets
Click on the image to view the larger and more readable graph. Courtesy of dshort.com.
Tags: Bush's Fubar Economy
Click on the image to view the larger and more readable graph. Courtesy of dshort.com.
Tags: Bush's Fubar Economy
The sad thing with this graph is that I distinctly remember 3 of the 4. Wasn’t alive for the first.
Wow. The market lost 89% of its value during the Great Depression.
I had no idea it was that bad.
And we seem to be right on track to repeat it. This is why smart gargantuan efforts for recovery are needed. The GOP disagrees! They have no clue!!
We’re definitely at #2 worst. Hopefully we won’t reach the depths of the Great Depression. At least we haven’t had years of inaction like then.
nemski,
How do you feel this downturn compares to the others you’ve experienced?