The following claims can be confirmed at these sites: http://stockcharts.com/charts/historical/djia19201940.html http://seansrant.com/ive-said-it-before-and-ill-say-it-again-the-decline-still-isnt-over-and-heres-why-im-short-the-djia/ The DJIA high in 1929 was 381.17. After the 1929 “crash” the DJIA stood at 198.69, a 48% drop. The DJIA “rebounded in 1930 to a high of 294.07, a gain of 95.38 points, a nearly 50% recovery, a recovery very similar to our current recovery in [...]
Filed under: Banking Crisis, Economic Crisis, Economic Recovery, Economic Recovery Plan, Economy, Employment, Housing Crisis, Jobless Rate, Mortgage Crisis, Mortgage Foreclosures, Mortgage Modification, Recession, Stock Futures, Stock Market, Stock Market Recovery, Unemployment | Tagged: DJIA In Great Depression, Economic Recovery, Economy, Great Depression | Leave a Comment »
