23 November 2008

This Bear Market Is One for the Record Books Part II


Here is a chart of the major bear markets since 1900 that shows the impact of the Great Crash of 1929 as a solitary event, and then again as the prelude included in the bear market of the Great Depression of 1929 - 1932.

We were bothered a little on the first version of this chart that the Great Crash did not show its full impact. Imagine the decline we have seen over the past year, but with more intensity, occurring in less than two months!




Special thanks to our friend Elvis_Knows for the chart update, and for all his many contributions and charts over the past year.