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March 2010
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Ten years after dot.com bubble

By in Asset bubble, crash on .

Comparing market performance after big crashes…


(click to play video; source: FT)

The pattern is the market usually go on sideways for a VERY LONG TIME after big crash. This offers a sober lesson for those who got too excited in predicting a robust recovery.

Related posts:

  1. Glaeser: Lessons from recent housing bubble
  2. Shiller: Home prices may keep falling for years
  3. Facts about "Great Crash 1929"
  4. Rosenfeld: Ten years after LTCM

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