Paul Kedrosky

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Just in case you were thinking that it's you feeling worse than you've ever felt with respect to the current decline, it's not. It's the market. Year-to-date, this is now the worst decline in U.S. stock market history.

worst-years

This article has 9 comments:

  •  
    And we aren't "officially" in a recession yet!!

    Yikes.
    Reply
  •  
    Oct 08 03:18 PM
    Well I feel better. Maybe.
    Reply
  •  
    Oct 08 03:22 PM
    Wait, so you're saying that the 'Economy Isn't Fundamentally Strong'?
    Reply
  •  
    Its only fundamentally strong if you're running for President
    Reply
  •  
    Oct 08 03:47 PM
    The economy is fundamentally strong. The only problem is the bankers, the speculators, and the lawyers. Unfortunately I've just described Congress.
    Reply
  •  
    Oct 08 04:01 PM
    Ahhh, I love the smell of red ink in the morning........
    Reply
  •  
    Oct 08 06:14 PM
    This year is much, much worse than any of those mentioned. I didn't lose my shirt in those.
    Reply
  •  
    Oct 08 06:17 PM
    Most interesting to me is 2001-2.

    December 31,2001 - October 8, 2001: -19.5%
    October 8, 2001 - December 31, 2001: -0.3%
    December 31, 2001 - October 8, 2002: -30.4%

    Now THAT is scary.
    Reply
  •  
    Oct 09 06:44 PM
    Buy positions with large dividends and sell covered calls.
    Reply
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