by Calculated Risk on 4/17/2009 04:00:00 PM
Friday, April 17, 2009
Market and Jim the Realtor on Nightline
While we wait for the FDIC ...
Here is a link to Jim the Realtor on Nightline last night.
Click on graph for larger image in new window.
The first graph is from Doug Short of dshort.com (financial planner): "Four Bad Bears".
This is still the 2nd worst S&P 500 / DOW bear market in the U.S. in 100 years.
Note that the Great Depression crash is based on the DOW; the three others are for the S&P 500.
The second graph shows the S&P 500 since 1990.
The dashed line is the closing price today.
The half off sale is over (for now), and the market is only off 44.4% from the peak.