STOCK MARKET: Crash incoming?
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May 18, 2025 1:00 AM
From Forbes Magazine:
During the depression, the Dow fell 48% from its September 1929 peak in a little over two months, reducing our initial $100,000 investment to $52,126 (Point A). From there it rose 48%, recouping some of what was lost, bringing the portfolio’s value up to $77,149 (Point B). Then the Dow went on a series of ups and downs until it bottomed July 8, 1932, when the depression was 82% complete. By the time the Dow reached its ultimate bottom it had lost a staggering 89%.
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