A historical perspective
2008
The Great Recession, as it has been dubbed, officially started Dec. 2007 and ended June 2009, although the effects continue to be felt well into 2010.....
1930
It took about three weeks from Black Monday for the stock market to reach what looked like the bottom on Nov. 13, 1929. Then came a six-month recovery....
1937
If the early 1930s weren’t hard enough, 1937 brought the second worst stock market crash on record: a 49.1% drop through 1937 and 1938.....
1974
The social and political upheaval of the Sixties continued into the early 1970s. The global economic system was destabilized following the United States’ decision to withdraw from the Bretton Woods system of fixing its currency to the gold standard.....
1933
As dramatic as the stock market drops have been, the Dow has seen large rises in other years. Like many of the good years, 1933 followed a particularly bad year.....
1954
The massive government spending through the Second World War and the recovery and expansion efforts afterward had the economy humming....
1935
The 1933 rally was over. Business was worried about President Roosevelt’s New Deal, .....
1975
This rally was a reaction to the bear market in 1973 and 1974.........
1958
In 1957, there was a recession caused largely by the end of the postwar expansion ..........
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