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by jadeklerk 3005 days ago
A decade of growth....?? Where were you in 2008?
2 comments

How long ago was 2008? It's 2018, so about ten years. Now what's another word for ten years. It's on the tip of my tongue.
I said almost a decade

Take a look at the 10 year S&P 500 chart:

http://www.macrotrends.net/2488/sp500-10-year-daily-chart

It bottomed out in early March 2009. The period from March 2009 to right now can roughly be described as "growth." We describe it as "growth" because the overall movement is upwards. 9 years and 1 month is "almost a decade" because a decade is 10 years and 9 is pretty close to 10.