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Stocks and Recessions Monday, October 13, 2008

Posted by ei-forum in US Traded Stocks.
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We have already written about this in the past but we just came across this interesting pdf from the Wall Street Journal:

  • excerpt: … Since the late1940s, recessions have lasted an average of 10 months, and stocks have hit bottom an average of three months before the economic downturn ends. The worry now is that, if the world’s financial system doesn’t right itself, a recession could last longer, perhaps even as long as the 16-month slump that ended in 1975…

Go directly to the WSJ article: click here.

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