Stock Market Crash of - Facts & Summary - yvajotefihy.web.fc2.com

In the past year, we've written a lot about the similarity between the rally of early and the one we had through April of this year. That rally, of course, was also the biggest sucker's rally in history. The market did not reach the high again for another quarter of a century. The recent rally also lasted longer than the rally did--a year, as opposed to 6 months. The rally that ended in April, of course, may actually be the start of a great new bull market, one that will shake off the current "correction" and roar back to the market's old highs.

On the other hand, it may yet also be another version of what happened in the start of another bear market that will take the market down for years or even, gulp, to a new low. As Peter Schiff pointed out recently--and David Rosenberg observes today --even as late as , they didn't know they were in a "Great Depression" yet. On the contrary, the promise from the White House was that "prosperity is just around the corner.

Check out this excellent compilation of New York Times clippings from early put together by Dan Alpert of Westwood Capital. There is nary a hint that anyone had any idea about the disastrous decade that was to come.

Dan's complete compilation is contained in a broader research piece, which we've embedded at the end.

The slides below contain excerpts from February-April, Is the current pullback just a "correction" and a "buying opportunity"?

Wall Street Crash of - Wikipedia

Or, as in the spring of , is it the start of the REAL market crash? You be the judge. Meanwhile, here's what things looked like in the spring of Tech market is nowhere near the dotcom days. How augmented reality is changing the way we work. You are using an outdated version of Internet Explorer.

Stock Market Crash & Great Depression | History Hub

For security reasons you should upgrade your browser. Please go to Windows Updates and install the latest version. Trending Tech Insider Finance Politics Strategy Life Sports Video All. You have successfully emailed the post. In , They Didn't Know It Was "The Great Depression" Yet.

Recommended For You Powered by Sailthru. In , They Didn't Know It Was "The Great Depression" Yet REMEMBER: In , They Didn't Know It Was "The Great Depression" Yet In fact, they thought it was a new bull market.

Thanks to our partners. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Made in NYC.

Stock quotes by finanzen.