economic woes worse after 9/11?

[Keyboard Ninja]

Was the market this bad after 9/11? It wasn't that long ago, but the media makes this economic situation seem much worse. Is that true?

 

[HFWR]

9/11 was a big shock to the market, though market fundamentals were still relatively good. Now there are many fundamental issues, and crystal balls are foggy...

 

[ziggy29]

Way different. The economy was fundamentally weak at the time of 9/11, but it was clearly in recovery mode by then. I think 9/11 may have delayed the recovery by a few months, but the direction of the fundamentals were "green". Had 9/11 happened a year earlier, that may have changed things.

The fundamentals of the economy today are much worse than at the time of 9/11. How much worse it will get and how much of the ultimate pain is priced in the market today remains to be seen.