1912-2008

1912-2008

Yesterday marked the one-year anniversary of the death of Sir John Templeton. What a year it has been and how we wish he was here to comment on these turbulent economic times. Some of the major economic events that have occurred since Sir John’s passing include:

  • A housing crisis
  • The fall of banking giants Lehman Brothers and Merrill Lynch
  • A nearly 50 percent crash in the stock market
  • A federal bank bailout and a huge government stimulus package
  • Rising unemployment numbers that hit 9.5 percent last week

Although we do not have Templeton here to comment on these staggering economic events, we will continue to explore his wisdom to put into perspective this long recession at “What Would John Templeton Say?”