I've wondering how the performance of the Dow in 2008 compares to the drop during the Great Depression. To find out, I graphed both and set them side by side. The results are interesting...
Posted on November 20, 2008 by
Sol Nasisi
Articles by tag - crash
This economy and these markets are in trouble. And, the trouble is not nearly over. Anyone who thinks that we have weathered a storm is fooling himself. There was no surprise when we dipped below 14,000 a month ago. There should be real concern now that we have fallen below 13,000. It looks now as though the subprime muck will really take this economy down big time and that we are only a small way along the way down.
Posted on November 20, 2007 by
DanS
The parallels between the crash in 1987 and the one soon to happen in 2007 are too real for comfort. Just look at the derivatives of 87 and the sub-prime mess of 2007. Or, consumer confidence which is barely holding now, but will fall in a NY minute. Or, many other similarities. The point is that again, like 87, we have our heads in the sand.
Posted on October 14, 2007 by
Marc Freedman
