Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Tuesday, December 16, 2008

Just How Bad Was the U.S. Economy in 2008?

If you want to know how badly the stock market is really doing right now, you might want to take a look at this chart. Each block represents a year, and each column represents a range of return on the S&P index. Over on the right side are those years where the index has soared upward 50 percent or 60 percent. The large middle range represents more typical years, where the market has risen less than 10 percent.

That little black box on the far left, with only the Great Depression year of 1931 in the same column? That would be this year.


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