As the Dow Jones Industrial Average confronts its ugliest December loss since 1931, the time of the Great Depression, there is another notable way to put the severity of this persistent bout of losses into historical context.
见证历史了。。
As the Dow Jones Industrial Average confronts its ugliest December loss since 1931, the time of the Great Depression, there is another notable way to put the severity of this persistent bout of losses into historical context.
If current conditions hold, it would mark the worst average daily moves for the Dow DJIA, -1.81% the S&P 500 index SPX, -2.06% and the Russell 2000 indexRUT, -2.56% since October of 1987, according to Dow Jones Market Data.
In market lore, October of 1987 is a period that remains infamous. On Oct. 19, the Dow sank 22.6% in a single session, marking its steepest percentage drop ever, with trading during that period under pressure all month until the final crash.
There’s a similar downtrend that is taking hold in December, despite the seasonal tendency for that month to enjoy a pre-Christmas updraft, typically known as a Santa rally, with institutional investors finding the month a good time to buy looking ahead to the new year.
calling market bottoms is a fool’s game....但是我个人认为， 下星期止跌， 温和上涨。。
