.the LOW point in the S&P 500 from the last recession {after the tech bubble burst} was on October 9th, 2002. The BULL Market that followed hit its HIGH on October 9th, 2007.
.We are now 30 points or 3.7% away from hitting that low from 2002. Ugh.
4 comments:
So we should invest in black beans for the next five years?
Sigh.
I am sending someone to look at your bee.
So sad!
Um...so are we there yet?
Oh, I dont know...it's Armageddon.... The Devil is Deflation and God is the Fed..If the Fed is sucessful in reflating the economy, we could be ok, but it's still too early to tell. sadly.
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