Steve Koerber's Old Blog

Remuera's house sold name since 1998 – 021864166

1929 Stock Market Crash Chart

Posted by Steve Koerber on May 4, 2009

1929crashpe9I posted this chart early May 2009 at a time when many commentators were saying the recession was ending and recovery had started.  As at May 2009, are we at the top of the first bounce  (similar to circa Apr 1930)?  This chart might help to keep things in perspective.  Maybe not.  It will be interesting to look back at this post in 6 months and a year from now.  How many bear rallies will there have been?  Where is the bottom? (Click on the chart to see a larger version).

Here is an Oct 2009 CNN video talking about the stock market crash and how it related to the Great Depression.


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