US Economic Recession History
The old saying â History doesnâ t always repeat itself, but often rhymesâ, is based more on fact than fiction. By studying the US Economic Recession History, you should better understand how current recessions may affect your financial life today. I focus on recessions simply because they have a dramatic effect on 401k balances and investments in general. During the last recession, which was officially from March of 2001 through November 2001, the major market indexes plummeted. The Nasdaq Index declined over 70% from itâ s high within a year surrounding the recession. This index still hasnâ t recovered. It is still only half of where it once was. Could you have avoided this downfall by studying the US Economic Recession History? ...
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