Never would have thunk I would find this so indisepsnable.

by Teiya 03:44:21 AM 2011.07.10

A 30% drop (or more) is typical in resoicsens.Well. that's just plain wrong. Next time, before you post, spend 30 seconds on google and find the actual facts. Took me all of two searches. and I even handicapped myself by using Live!.Tempting though it may be to give into the gloom, January isnâ??t a foolproof predictor of things to come. The five worst January swoons since 1926 led to an average gain of 12.3% over the following 12 months and 26% over the next 24 months. Dates Change in Dow during recession: Change in Dow one year after: CommentsAugust 1929 to March 1933 -84.20% 81.07% In the depths of the Depression in the winter of 1933 folks had a hard time believing that spring, and a recovering economy, were around the corner.May 1937 toJune 1938 -23.18 -2.43 In the midst of this recession the stock exchange floor on Wall Street was still busy, with traders in the pits and telephone men on the right, receiving orders to buy and sell. February 1945 to October 1945 21.33% -9.35% The bombing of Hiroshima presaged the end of World War II but the U.S. economy was mired in recession even as the stock market continued to rise.November 1948 to October 1949 -0.12% 18.71% Staggered by the death of Roosevelt, the country welcomes President Harry S. Truman at his inauguration in the midst of another recession.July 1953 toMay 1954 21.57% 29.73% Amidst the international strife and domestic stresses of the early 1950s, the country continued to have confidence in progress-both in the economy and society. Here, Nathaniel Steward, 17, recites his lesson at the Saint-Dominique school, in Washington in 1954 after the Brown v. Board of Education decision outlawed segregation in state schools.August 1957 to April 1958 -9.95% 36.83% The shock of the Sputnik launch, the worldâ??s first man-made satellite, in October 1957 drove the U.S. out of its economic doldrums as it raced to compete around the world and in space.April 1960 to February 1961 7.48% 6.94% The promise of a new president seemed to lift the economy out of recession.December 1969 to November 1970 -1.36% 4.69% While the U.S. ecoonomy had heartburn, China was recovering from the dislocations of the Cultural Revolution which was directed against those party leaders in authority taking the capitalist road. November 1973 to March 1975 -19.04% 30.11% The economy shrank under the shadow of Watergate and picked up quickly after the U.S. withdrawal from Vietnam.January 1980 to July 1980 11.51% 1.92% Reaganâ??s magical Morning in America theme helped keep markets moving up even though the nation was in recession.July 1981 to November 1982 7.40% 22.78% War in Lebanon prompted the U.S. to send peacekeeping troops, but the market continued to climb even though many sectors of the economy were hit hard by recession.July 1990 to March 1991 1.15% 11.04% Despite the quick victory in the first Gulf War the lagging economy continued to be on peopleâ??s minds-contributing heavily to Bill Clintonâ??s presidential victory.March 2001 to November 2001 -5.73% -9.70% In an effort to bring the country out of recession, the U.S. government sent out 92 million tax rebate checks over 10 weeks as part of the Bush recovery plan. A year after the economy had begun to recover as markets continued in decline.Source: BusinessWeek Rate this comment: 0 0

by Massimo 08:59:36 PM 2013.03.13