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/biz/ - Business & Finance

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>> No.17469214 [View]
File: 17 KB, 700x312, SP500-chart1.png [View same] [iqdb] [saucenao] [google]
17469214

>>17469136
That's what it was like in 2008. Everyone was upset and every few months it was like "okay THIS just be the bottom" with increasing desperation. Corporations had hiring freezes, people were very scared.

Pic related is helpful. It's hard to real get the feel on the ground from the big picture zoomed out graphs. In this you can see the feel going in to 2008. Look at the numbers and realize that by 2009 the sp500 bottomed at 666 which isn't even visible in the pic

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