• Jerremy Alexander Newsome

2008 or 2016?

2008 or 2016?

In the early onset of 2016, there are many interesting facts that seem to correlate nicely with 2008. One interesting stat: As of 2/12/16 the S&P 500 is down 10.5% in the 1st 28 trading days of 2016. Worst start to a year in market history. The second worst start in history was 1948 and the first 28 days saw a decline of 9.2%. The third worst start? Well, 2008.

With recent movies glorifying the 2008 crash (like The Big Short, Wall Street 2, Margin Call) and a select few others, more people than ever are aware of the volatility, fear and panic that set in during such events.

China is also being riddled with hard economic news. CNBC posted a really intriguing article not too long ago a