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mahatmakanejeeves

(61,023 posts)
Mon Mar 11, 2024, 12:15 PM Mar 2024

On March 9, 2009, the bear market of 2007-2009 bottomed out.

Completely by coincidence, I bought some shares of stock on that day. I was just lucky.

United States bear market of 2007–2009



US Bear market of 2007–2009

The US bear market of 2007–2009 was a 17-month bear market that lasted from October 9, 2007 to March 9, 2009, during the financial crisis of 2007-2009. The S&P 500 lost approximately 50% of its value, but the duration of this bear market was just below average due to extraordinary interventions by governments and central banks to prop up the stock market.

{snip}

Thu Mar 9, 2023: On this day, March 9, 2009, the bear market of 2007-2009 bottomed out.

Mon Mar 9, 2020: On this day, March 9, 2009, the bear market of 2007-2009 bottomed out.
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