2008 was a whole lot worse? The market is already down 35% from its peak barely a month ago and we're clearly at the beginning of the crisis. It took the market

2008 was a whole lot worse? The market is already down 35% from its peak barely a month ago and we're clearly at the beginning of the crisis. It took the market more than a year to drop ~50% from its peak in late 2007. The bond markets are also kind of in a weird place right now. IMO 2008 doesn't look a whole lot worse right now, and might end up looking a whole lot better by the time we hit the next peek after the current crisis is over.