MyProps.org - E-mail Link

Home

Public Channels

Channel Contents

E-mail Link

Share this Link by emailing it to friends and family. Or return to link.

Link Information

Title:

1929 vs. 2007: Dow Jones decline rate mimics Great Depression

Description:

Dow Jones decline rate mimics Great Depression: March 2, 2009 With the Dow Jones Industrial Average falling below the psychological watermark of 7,000 on Monday, investors may be wondering how it all stacks up against the stock market crash of the Great Depression. It's not looking good. In the here and now, the Dow has dropped 52.5 percent since its high of 14,279.96 on Oct. 11, 2007, to its low point of 6,779.62 during intraday trading on Monday. (Update 1:16 p.m. PST: At Monday's close it was 6,763.29, a drop of nearly 300 points from the previous close.) And in taking a similar period of a year and five months in the late 1920s, it's a case of deja vu. The rate of decline is mimicking that of the Dow during the Great Depression. Back on September 3, 1929, the Dow ...

E-mail Information

*To E-mails:
(seperate by commas)

Optional Message:

Verify Human Input

*Enter the code below:

Fields marked with an asterisk *are required.