{"id":42170,"date":"2019-01-01T08:54:12","date_gmt":"2019-01-01T13:54:12","guid":{"rendered":"https:\/\/olduvai.ca\/?p=42170"},"modified":"2019-01-01T08:54:12","modified_gmt":"2019-01-01T13:54:12","slug":"2018-was-the-worst-year-for-the-stock-market-since-the-financial-crisis-of-2008","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=42170","title":{"rendered":"2018 Was The Worst Year For The Stock Market Since The Financial Crisis Of 2008"},"content":{"rendered":"
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2018 Was The Worst Year For The Stock Market Since The Financial Crisis Of 2008<\/a>\"\"<\/a>Now that the year is finally over, we can officially say that 2018 was the worst year for stocks in an entire decade.\u00a0 Not since the last financial crisis have we had a year like this, and many believe that 2019 will be even worse.\u00a0 And of course the truth is that stocks are still tremendously overvalued.\u00a0 Stock valuation ratios always return to their long-term averages eventually, and if the Dow Jones Industrial Average plunged another 8,000 points from the current level that would begin to get us into that neighborhood.\u00a0 Unfortunately, the system is so highly leveraged that it will not be able to handle a price decline of that magnitude.\u00a0 The relatively modest drops that we have seen already have caused a tremendous amount of chaos on Wall Street, and a full-blown meltdown would quickly result in a nightmare scenario potentially even worse than what we experienced in 2008.<\/strong><\/h3>\n<\/header>\n
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For investors that had become accustomed to large gains year after year, 2018 was a brutal wake up call.\u00a0 The following comes from Fox Business<\/a>\u2026<\/p>\n

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2018 may be remembered as the year the Grinch stole your retirement or stock investment account.<\/p>\n

December was the worst month for the Dow Jones Industrial Average and the S&P 500 \u00a0since 1931, as tracked by our partners at Dow Jones Market Data Group. The S&P 500, the broadest measure of stocks, lost 9 percent and the\u00a0Dow over 8.5 percent.<\/p>\n

For the year, stocks turned in the worst performance since 2008.<\/strong><\/p>\n<\/blockquote>\n

According to the bulls, this wasn\u2019t supposed to happen.\u00a0 In the middle of the year, they were projecting that a \u201cbooming\u201d U.S. economy would continue to drive stock prices higher, but instead we just witnessed the worst three month stretch\u00a0 for stocks since the 4th quarter of 2008, and the month of December was the most painful of all<\/a>\u2026<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

2018 Was The Worst Year For The Stock Market Since The Financial Crisis Of 2008Now that the year is finally over, we can officially say that 2018 was the worst year for stocks in an entire decade.\u00a0 Not since the last financial crisis have we had a year like this, and many believe that 2019 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[21635,3334,195,4106,6061,6125,1849,7196,21316,4754,21317,15959,21781,21318,6065,480,488,4427,506,4901,536,6066,20901,1615,6585,7553,1138,4562,3783,23628,2731,23629,21920,5221,753,21921,1469,7452,23630,6540,860,21319],"class_list":["post-42170","post","type-post","status-publish","format-standard","hentry","category-economics","tag-21635","tag-anxiety","tag-debt","tag-debt-crisis","tag-financial","tag-financial-marketplace","tag-financial-markets","tag-global-debt-crisis","tag-global-financial-marketplace","tag-global-financial-markets","tag-global-panic","tag-going-into-debt","tag-into-debt","tag-investor-panic","tag-investors","tag-lending","tag-loans","tag-market-volatility","tag-markets","tag-michael-snyder","tag-money","tag-panic","tag-perfect-storm","tag-spending","tag-stock-bubble","tag-stock-crash","tag-stock-market","tag-stock-market-bubble","tag-stock-market-collapse","tag-stock-market-collapse-2019","tag-stock-market-crash","tag-stock-market-crash-2019","tag-stock-market-volatility","tag-stock-prices","tag-stocks","tag-stocks-are-overvalued","tag-stress","tag-the-economic-collapse-blog","tag-the-stock-market-crash-of-2019","tag-u-s-stocks","tag-wall-street","tag-what-is-coming"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/42170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42170"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/42170\/revisions"}],"predecessor-version":[{"id":42171,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/42170\/revisions\/42171"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}