Thanks to Barry Ritholtz for posting this (which is current through last Friday); we can see that for severity, our current bear market is unmatched since the Great Depression. Of course, it has a long way to go to be as bad as the bear market from 1929-32 . . . but equally of course, we don’t know how long it has to go. (Click the image to enlarge it.)
HT: Baseball Crank
Measuring the bear
Posted in Economics, Uncategorized.