Day to Day, January 22, 2008 · With fears of a U.S. recession growing, world stock markets have taken a dive south. The chief investment strategist at Standard & Poor's Equity Research discusses how the stock market has fared during past recessions.
"There's an old saying "Recession is when your neighbor loses his job, depression is when you lose yours". I'm not sure if that's true anymore (but it's still a 'keeper'"
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