The above weekly chart shows that the stock market does not go down in a straight smooth line but that the downward journey through a bear market is actually quite a bumpy ride.
The 1930-1931Bear Market
which started in October 1929 lasted for nearly three years and the Dow Industrial Average dropped a whopping 90% before bottoming out.
This bear market was the start of the economic woes that became known as the 1930s Great Depression which ultimately lead to World War II.
The above weekly chart shows that the stock market does not go down in a straight smooth line but that the downward journey through a bear market is actually quite a bumpy ride.
The 1930-1931Bear Market
which started in October 1929 lasted for nearly three years and the Dow Industrial Average dropped a whopping 90% before bottoming out.
This bear market was the start of the economic woes that became known as the 1930s Great Depression which ultimately lead to World War II.
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