No. of Recommendations: 3
telegraph misremembers,

And we had a 80% market crash in '73''74......before intercst was even working.

As usual, you're way off the mark.

One notable exception to the overall trend was the stock market crash of 1973-1974. The Dow Jones Industrial Average fell from a high price of 1067.20 on 11th January 1973, to a low of 570.01 on 9th Decemeber 1974, a 46.6% drop--


I note that's less than the 54% dorp we suffered during the Bush/Cheney Economic Collapse of 2007-2009.

The DJIA, a price-weighted average (adjusted for splits and dividends) of 30 large companies on the New York Stock Exchange, peaked on October 9, 2007 with a closing price of 14,164.53. On October 11, 2007, the DJIA hit an intra-day peak of 14,198.10 before starting its decline.

The decline of 20% by mid-2008 was in tandem with other stock markets across the globe. On September 29, 2008, the DJIA had a record-breaking drop of 777.68 with a close at 10,365.45. The DJIA hit a market low of 6,443.27 on March 6, 2009, having lost over 54% of its value since the October 9, 2007 high.


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