Great Depression Stock Charts vs Our Current Period
Monday, June 15th, 2009
I’m sure everyone has seen the various charts depicting the stock market during The Great Depression to that of our recent period.
The comparisons that I have seen show a definite visual resemblance, and perhaps that is what is attracting such attention, as these charts have proven very popular.
From my perspective, I think that any resemblance is more happenstance than anything else. I don’t expect The Financial Crisis to ”play out” like The Great Depression, either in the stock market or fundamentally via the economy.
SPX at 923.72 as this post is written
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