Yes, October was ugly

In case you’re wondering, yes, the bear market is ugly – especially that over-the-cliff plunge in October. This week, the finance & econ blog Calculated Risk offered a graph comparing the current slide in the S&P 500 (bright red line) with past bear markets from recent history:

I guess we’re back to figuring out how public companies can paddle upstream (next to impossible), or at least continue to build credibility and relationships with investors. See posts here and here. On the other side of this, we all hope to emerge looking – well, not so ugly.

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