Monday, June 01, 2009

Stock Market Update

by Bill McBride on 6/01/2009 04:00:00 PM

By popular demand ...

S&P 500 Click on graph for larger image in new window.

The first graph shows the S&P 500 since 1990.

The dashed line is the closing price today.

The S&P 500 is up almost 40% from the bottom (267 points), and still off almost 40% from the peak (622 points below the max).

This puts the recent rally into perspective.

Stock Market Crashes The second graph is from Doug Short of dshort.com (financial planner): "Four Bad Bears".

Note that the Great Depression crash is based on the DOW; the three others are for the S&P 500.

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