Thursday, November 20, 2008

Some Perspective

Here is a great chart from Calculated Risk, showing the current decline in relation to other major bear markets. I think when it finally shakes out, our current one will look very, very similar (percentagewise) t0 the Great Bear Market of the 1930's.

Sorry for the lack of posts yesterday, I had to be away from the computer all day. Nothing really new to point out - just keep your eyes on the markets. If you are not already in cash and safe instruments, if you have not already right-sized your living arrangements, if you are not already building up your network of friends and family to help you through the coming hard times, well, nothing else I am going to say will convince you at this point.

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