We have now caught up to the bear market / crash of the Great Depression. Time will tell whether we track the same path. FYI, its funny how math works. If we were to go down 89.2% from top to bottom we would go down another 75% plus from current levels. So though we are down 48.5% to get the negative 89% return would require a decline from these levels of 75%. Ouch.
The link is to the graph below. It was
originally on over at
calculatedrisk.com
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj0DShmmrdSQGhWtyhowOijlGcPVrNSCPh3NjZQ_4z5UOYUeM_DnIrp656h4b-Kudar7XHajYdsH0m8Lfr8_BNaJDCjxn-1RqotTBhmZWZv2GbjWRGWhV3KysYwJExxcAI9u4G6Jk89cNQ/s1600-h/four-bears-large.gif
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