{"id":70430,"date":"2009-12-08T04:03:00","date_gmt":"2009-12-08T09:03:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/if-history-is-any-guide-were-headed-sidewise-for-a-long-time-2009-12"},"modified":"2009-12-08T04:03:00","modified_gmt":"2009-12-08T09:03:00","slug":"if-history-is-any-guide-were-headed-sideways-for-a-long-time","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/70430","title":{"rendered":"If History Is Any Guide, We&#8217;re Headed Sideways For A Long Time"},"content":{"rendered":"<p><em>(This guest post originally appeared at the <a href=\"http:\/\/pragcap.com\/chart-of-the-day-datamining-a-few-market-crashes\">author&#8217;s blog<\/a>)<\/em><\/p>\n<p>I&rsquo;m generally not a big fan of picking a few recessions out of a hat in order to compare them to the current recession (particularly considering the de-levering nature of this recession), but these charts are interesting nonetheless.&nbsp; Although bubble bursts rarely repeat themselves the price action does tend to rhyme.&nbsp; On the back of a massive market implosion and the subsequent rally <a href=\"http:\/\/pragcap.com\/looking-forward-to-2010-or-is-it-2004-all-over-again\" >you have to wonder if Goldman Sachs isn&rsquo;t right when they say that 2010 might just rhyme with the ultra boring investment year of 2004<\/a>.&nbsp; As you can see in the following chart, the last 4 major market crashes were all followed by major downside or sideways movement at this point in the rally:<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b1e15e50000000000c561bf\" border=\"0\" alt=\"crashes\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2><strong><a href=\"http:\/\/pragcap.com\/chart-of-the-day-datamining-a-few-market-crashes\">Read more market commentary at The Pragmatic Capitalist &gt;&gt;<\/a><\/strong><\/h2>\n<p><a href=\"http:\/\/www.businessinsider.com\/if-history-is-any-guide-were-headed-sidewise-for-a-long-time-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/goldman-its-2004-all-over-again-2009-11\">Goldman: It&#8217;s 2004 All Over Again<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/morgan-stanley-here-comes-a-brutal-2010-2009-11\">Morgan Stanley: Here Comes A Brutal 2010<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/watch-the-market-go-gaga-for-ben-bernanke-2009-12\">Watch The Market Go Gaga For Ben Bernanke<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/0vEzgp66VjM\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(This guest post originally appeared at the author&#8217;s blog) I&rsquo;m generally not a big fan of picking a few recessions out of a hat in order to compare them to the current recession (particularly considering the de-levering nature of this recession), but these charts are interesting nonetheless.&nbsp; Although bubble bursts rarely repeat themselves the price [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-70430","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/70430","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=70430"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/70430\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=70430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=70430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=70430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}