The 1930s Redux
July 31st, 2009
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I found something really interesting about the similarities of some of the news headlines in July to that of the 1930s. Here’s news from July 24 2009 and July 24 1930. The news from today’s Wall Street Journal has been inserted and bolded to show the similarities. History doesn’t repeat, but does it rhyme? Thursday, July 24, 1930: Dow 239.33 +5.03 (2.1%) Market commentary: Market opened with large buy orders for major industrials. Many majors in early trading reached highest point of
