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Monday, November 24, 2008

The stock market: Good news and bad news 


The good news: On Friday and today, the U.S. stock market had its 13th best two-day advance in history.

The bad news: Eleven of the 12 best two-day periods were at various times during the Great Depression.


1 Comments:

By Blogger Who Struck John, at Tue Nov 25, 02:55:00 AM:

And the one other case? It's after the October 1987 crash.

Only after a big crash can you get a big bounce.  

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