In this comparison of the SP 500 declines in the bear markets of 2000-3
and 2007-9 we perform a more precise time comparison.
In each chart the end point is exactly 183 days from the top.
“Modern tyranny is terror management. When the terrorist attack comes, remember that authoritarians exploit such events in order to consolidate power. The sudden disaster that requires the end of checks and balances, the dissolution of opposition parties, the suspension of freedom of expression, the right to a fair trial, and so on, is the oldest trick in the Hitlerian book. Do not fall for it.”
Timothy Snyder, On Tyranny