24 February 2009
Scary Pictures, Bear Market Edition
So, Barry Ritholtz shows us this graph of comparisons between bear markets, and the current one is now the 2nd worst in history.
Obviously, this is for the Dow which is (at best) a rather imperfect market indicator, but we are now in the worst downturn since the Great Depression.
Obviously, this is for the Dow which is (at best) a rather imperfect market indicator, but we are now in the worst downturn since the Great Depression.
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