Yeah, Obama’s going to have to dip into his stash to keep it above 10k. We’re going down folks!
Market peak in Oct of ‘07 still the high point, close to 4 years later. Only period that was longer was the recession from ‘00 to ‘06, where it took 6 years to fully recover.
Market from 1965 to 1982 was essentially flat. So that’s the last time we had such a long period where the DOW didn’t climb.
DOW in 1965 was 910 and was 884 in 1982. So that’s 17 years. This downturn has already lasted 11, going on 12 years now.
Great depression was 1929 to 1954, so 25 years. :(