Just a simple chart showing the 17 month bear market of 2007 to 2009.
For most people invested in equity funds and pension plans this washout was devastating both emotionally and financially.
Are we are the verge of another worldwide financial meltdown?
Perhaps.
Will it play out like the 2007-2009 crash?
Probably Not.
I believe this time if it occurs it will occur much faster.
Click image to enlarge. Chart from my stockcharts.com library.
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