Tag

financial crisis
If you are a chart-aficionado like me, then you’ll love Josh Lehner’s article showing how the Great Recession (or The Lesser Depression) compares with other recessions in the US and other Financial Crises throughout the world. I’m copying his charts and adding my own commentary. First of all, how this recession compares to all post...
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To many, the mark of the beginning of the financial crisis was on March 16, 2008 when Bear Stearns was sold to Chase at a fire-sale price. The Dow Jones closed that day at 11,951.09 and continued to charge downward for the next year. As I write this, the Dow Jones is at 12,821.25. I...
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To many, the mark of the beginning of the financial crisis was on March 16, 2008 when Bear Stearns was sold to Chase at a fire-sale price. The Dow Jones closed that day at 11,951.09 and continued to charge downward for the next year. As I write this, the Dow Jones is at 12,821.25. I...
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