Kicking off the morning with some good news for once, the below chart is from Goldman Sachs economists (via Clusterstock).
According to GS, economies usually take an average 2 – 2.5 years to recover from a financial crisis. Equities, however, usually reach their bottom after about a year — that would be in Q4 this year for the US, or, right around now!
Related links
27 things you may not have known about banking crises – FT Alphaville