Quote:
Originally Posted by afc wimbledon
I doubt this one will
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people are panicking, which will make this big, and people are selling off. I will definitely try to invest more at this time (if I have it). but what will make it worse is more and more people pulling money out.
2008 the market was really bad and fundamentally there were issues in the market. and that did take years to come back (chart below)
Other events that didn't take long though Sep 21-Dec 26 2018 15.8% drop on fed hike, china slow down. Nov 3 to feb 11 2016 middle east tensions, NK nuclear tensions 13.3% drop. may 20 to aug 24 2015 greece default fears 10.9%. apr 26-jul 1 2010. euro debt crisis 15.2% drop. These are all the greater than 10% drops that recovered fairly quickly. there was also a little 7.4% dip in 2014 with ebola and oil collaspe. Since 2009 there have been about 25 drops of 5% or more linked to some fears or some world events too.
Overall do you see this as a 2008 type crisis or one of these similar market events?
