[Izkata]

Okay so, I'm about to pay off my mortgage, so a month or two ago I started looking into ways to invest all the extra money I was using to pay extra principal. I've never really paid attention to this before, but in most of the charts I found about market performance, there were dips coinciding with a both the 2002 and 2008 recessions - this part makes sense.

The part I'm confused about is that they also had a similar dip in 2016. Yet no one seems to even mention it.

Was there a small recession in 2016 as well, or were there other factors involved and the 2002/2008 dips just coincidence?

[systoll]

A common definition of 'recession' is a period of two or more quarters of negative GDP growth. Early 2016 saw 0.5-0.6% growth.

The dip isn't a coincidence, but we didn't quite cross the 'reccession' threshold.

[NeedMoreTea]

Not sure about in the US, but the dot com bust wiped out IT work and contracting in the UK for a couple of years, but did not translate into a recession for the UK economy. It was very much of the sector. So here 2001/02 didn't count as recession, just a little local crisis, even though friends and I were wondering where the next meal was coming from.