“While the past doesn’t repeat itself, it often rhymes.” That’s the oft-said dictum about the stock markets. Some might argue that it applies to life in general as well.

Anyway, I came across an interesting post on some bear market history in Singapore. (full article here)

The instructive point is nicely surmised in a table.

Click for bigger image

The interesting point? History came pretty close to repeating itself. The above post was made in April 2009 which was pretty much the bottom of the ‘Great Recession’.