Link: online.wsj.com
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Black October: Market 35% Below Record High
Business Buzz Click image for a great Wall Street Journal article that puts the current financial crisis in perspective. Love this quote from the article: “The attitude today is sort of like the one people have when they call an ambulance,” said Art Hogan, chief market strategist at Jefferies & Co. “When the ambulance gets there on time,” they are relieved. “Then they stop and think … right, we need an ambulance.”
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http://finance.google.com/finance?chdnp=1&a...![[link]](http://s.buzzfeed.com/static/images/public/icons/external-link2.png)
An S&P 500 index fund bought 10 years ago would have the same value today. That is a shocking 0% increase in 10 years.
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