Record-Breaking Data Everywhere!

Thursday, November 20, 2008 | 09:42 AM

One of the interesting aspects of this unprecedented housing collapse, credit crisis, economic recession and market crash has been all the new records we keep seeing:

• Over the past year, the S&P 500 index lost ~$1 trillion more than the entire 2000-2002 bear market, according to Standard & Poor's. From the October 2007 highs of 1,565, to yesterday's close of 806.58, the S&P 500 market capitalization lost $6.69 trillion. That's almost $1 trillion more than entire 2000-03 bear market losses of $5.76 trillion.

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Thursday, November 20, 2008 | 09:42 AM | Permalink
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