A look back reveals how far we have come since 2008 – consider these eight event-driven headlines that were seen in the 4th quarter of 2008:
- Dow falls below 10,000 (Oct. 6)
- Dow finishes worst weekly slide (Oct. 10)
- U.S. to buy preferred stake in 9 Financial Institutions (Oct. 13)
- Obama Elected President (Nov. 4)
- Auto Execs ask Congress for help (Nov. 18)
- Madoff charged with fraud (Dec. 11)
- Fed cuts Fed Funds rate to a range of 0%-0.25% (Dec. 16)
- Oil closes at $30.28 per barrel (Dec. 23)
Considering these and other major headwinds we have recovered from since the crash of 2008, we’ve survived some major events. Sometimes it’s beneficial to look back can consider what we’ve been through as we continue to look ahead and plan for the future. [Source: Morningstar, Inc.]