"In downturns over the past 60 years, the S&P 500 has hit bottom an average of four months before a recession ended and about nine months before unemployment hit its peak."
When Economy Bottoms Out, How Will We Know
by Alan Zibel, Christopher Leonard, and Tim Paradis
http://news.yahoo.com/s/ap/20090307/ap_on_bi_ge/economy_where_s_the_bottom
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