Five Years Later

As traditional media has inexorably declined in quality and importance over recent years, largely due to dramatically reduced revenues and budgets, “outlier” services have been especially hard-hit. Among these are business sections. Despite a few notable exceptions (such as the Barry Ritholtz Sunday columns at The Washington Post), newspaper business sections offer little of value concerning investing, markets and financial planning even to casual readers, much less professionals. That’s why yesterday’s edition of The Los Angeles Times was so refreshing. Don Lee wrote an excellent piece on the past five years — the time since the recovery from the 2008-2009 financial crisis began. Especially terrific are the series of charts summarizing what has been happening, shown below. Well done.

Source: The Los Angeles Times

5 years after the Great Recession: Where are we now?

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