Good riddance 2008
Posted on January 1, 2009 by Chris
I cannot remember being so glad to see the end of a year before but 2008 definitely gets chalked up to being one of the worst I can remember. As someone who should in theory be in his best earning years, I sure feel a lot poorer. Even 2001 wasn’t this painful.
The grand total is $6.9 trillion…ouch.
“After months of tortuous trading, Wall Street rang out its worst year since the Great Depression yesterday, leaving shareholders $6.9 trillion the poorer. The losses in 2008 were so broad and deep that every sector in the Standard & Poor’s 500-stock index took a double-digit hit, and the financial sector lost more than half of its value.”
Welcome to the party 2009. I certainly hope you are more fun than 2008.
Happy New Year everybody.
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