RE: The 10 cent gut punch

[meno]

You paint a doomsday scenario my friend... i doubt we would come out without a scar across one of our eyes

Comments

[seattlea]

But is it really a doomsday scenario? I think we are overdue for another bear market. I lived through only one of those:

The Lost Decade, which included both the dot-com bubble burst and the Great Recession. Though the market began recovering after the dot-com bubble burst, it didn’t climb back to its previous level before the crash of 2007-09. It didn’t reach that level until May 2013—more than 12 years after the initial crash. This period, the second-worst drop of the past 150 years, ultimately included a stock market loss of 54%.