It seems like only yesterday we had 700 point down moves in the Dow, Lehman going bankrupt, and billions and billions in bailouts being handed out as the stock market made new lows seemingly every week, dragging down most commodity markets with it.
But can you believe it's actually been 5 years, with the low of the crisis happening 5 years ago yesterday - March 9, 2009. The first 3 years sure went by quickly… as we didn't really know we were in the clear, and now the last two have been a blur of new highs in the stock market seemingly every week. My how things change in a hurry.
Now, that was the low in the U.S. stock market - other markets like Crude Oil bottomed before then, and some like Wheat bottom after that - but it's hard to find many losers among the basket of