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In previous down cycles, when the market was readjusting after a boom, real estate companies would declare bankruptcy to extricate themselves from troubled deals.
Warren Littlefield, who was at NBC during two previous down cycles, said of the potential for a revival, "I do think it's possible.
The long talked-about inventory overhang, once thought temporary, is turning into a full-scale industry slump comparable to previous down cycles.
Select a stock and back test it by checking its performance in a previous down market.
Similar(56)
Their answers show that just over half -- 56.6 percent -- read a book of any kind in the previous year, down from 60.9percentt a decade earlier.
Almost 18 per cent of this age group reported drinking alcohol in the previous week, down from 2001 when 26 per cent of pupils reported drinking in the last seven days.
The average tuition increase was 4.5 percent last year and 4.3 percent the previous year, down from average annual increases of 6 percent in the decade before the economic downturn.
The world's second biggest economy grew by 7.5% compared to the previous year, down from 7.7% in the January to March period, data showed.
The world's second biggest economy grew by 7.5% compared to the previous year, down from 7.7% in the January to March period.
The number of prescription drug-related deaths dropped by 8percentt over the previous year, down from 1,268 in 2010 to 1,175 in 2011.
Cut a diagonal line from the inner edge of the previous cut down to the bottom corner of the open edge.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com