Views Markets in turmoil: Should we compare coronavirus crisis with 2008 global financial crisis? Updated : March 31, 2020 11:36 AM IST The crisis, the political landscape, the market structure, the response - they may all be different in every crisis, but what remains constant is human nature. We find ourselves back in time, in late October 2008. Rewind the clock a little over 11 years, this is what happened to the S&P-500 back then. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.