Saturday, April 18, 2009

Bear Markets Alike: The 1970's and Today

It's a scary thought that the Dow is down 22% from where it was a decade ago and would have to rise 74% to reach its peak in Oct '07.  This article shares the views of long-time investors who see similarities between today's slump and that of the 1970's .  After reading the article, it may become surprisingly apparent how well our country has handled the current economic crisis and not allowed it ruin Wall Street all together.

Flashbacks of the 1970s for Stock-Market Vets