[Chart] How the 2008 Stock Market Crash Compares to Today's COVID-19 Crisis

Nothing is safe during "global risk-off" events.

During extreme times of panic, cash is king.

Not even gold (down 3.5% yesterday) was safe.

You see, gold typically decouples and becomes inversely correlated during periods of stress.

Historically, it's a great long-term hedge, but in times like this, it can drop significantly in the short term too.

For perspective, take a look at what happened from the market tops in October 2007 to the depths of March 2009.

In that time, the S&P 500 dropped like a rock - down 56.1%.

So, what happens to stocks over the next 18 months is the big question on investors' minds.

Are we in the early stages of another recession?

This chart might have the answer...

Tags: Stocks to Buy

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