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Understanding the current 'Financial Crisis' from a Historical Perspective

10 Oct Posted by Don in Finances | 1 comment
Understanding the current 'Financial Crisis' from a Historical Perspective

I’ve been getting a bunch of calls and emails recently with questions regarding the current ‘credit or financial crisis’ that we seem to be facing. I do my best to answer honestly, with factual information. One of the things I have been attempting to explain to clients and friends is that historically, this isn’t unheard of….but I’ve yet to articulate in a way that I think has really gotten through to people…until now! I just got the below PDF sent to me from a financial planner who is a good friend of mine. It does a fabulous job of taking a historical look at how the media has perceived the market and what happened shortly thereafter.  Now, I’m not overly optimistic about the market we are currently in…but at the same time, I think all of the doomsday talk out there is overdone.  I’d love to hear any of your questions or comments.  (You can scroll through pages on the right-hand side.  If you need a larger version of the below PDF, just click on the title below the article). **UPDATE** There seems to be an issue when trying to view it using Internet Explorer…you can go directly to the article by clicking here: Historical View of the Financial Market We Are In

 

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