The current decline (2007-2009) is slightly steeper than the 1929-1932 decline was when that decline was as old as our current one is. The chart of course offers no conclusions about what will happen going forward.
Just a man with a man's courage.
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5 comments:
2008 was the year the markets dragged the economy down. 2009 will be the year the economy drags the markets down. Could be a little ways to go yet.
Whew, look at that monster 29-32 decline. ouch
Yeah, I think some people are going to be shocked by the earnings declines.
Re earnings declines: see the charts accompanying this post, "Buy and Hope Investing".
I cant extract any conclusion from this chart. Are we in the same line as 1927?
J.,
The current decline (2007-2009) is slightly steeper than the 1929-1932 decline was when that decline was as old as our current one is. The chart of course offers no conclusions about what will happen going forward.
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