The current economic recession is definitely an unfortunate event, but there are also some obscured facts about it.
Here is a simple analysis of the price chart for Wal-Mart Stores Inc. It is an old stock that trades on the NYSE with the symbol of WMT. Although Wal-Mat is subject to severe criticism due to some of the company's policies and business practices, the company is quite successful in the financial markets. It is currently the world's largest public corporation by revenue, as reported by 2008 Fortune Global 500.
The price movement in the past 10 years is obvious even without an advanced mathematical analysis. The price from $20 in the beginning of 1998 rose to reach $70 in the end of 1999. In other words, the price had a 250% increase just during 2 years. This is a golden period for the stock market.
The stock's price has regularly oscillated in a range between the highest price ($70) achieved in December 1999 and the lowest price ($42). By ignoring the temporary peak of December 1999, the so-called solid range is reduced to $42-62. Thus, the price fluctuations during the past 8 years were around the median $52 with 20% changes maximally.
The main feature of the current recession was its speed. In fact, the market was changed rapidly in a short period of time. Nevertheless, can you recognize the recession period on the Wal-Mart chart? Surprisingly, the price was almost above the $52 median during the worst days of the recession.