Dow Jones – a long-term perspective
Posted By Prieur du Plessis On June 19, 2009 @ 11:39 am In Investment,Markets,Money | 3 Comments
In order to gain some long-term perspective of the magnitude of the movements of the Dow Jones Industrial Average, Chart of the Day [1] provided an inflation-adjusted graph dating back to 1925.
The following observations are of particular interest:
• The bear market that finished in the early 1980s was almost as arduous as the one that concluded in the early 1930s.
• The inflation-adjusted Dow is now less than double where it was at its 1929 top. It is also trading only a relatively modest 30% higher than its 1966 peak – not that impressive considering the long period involved.
• Considering the recent rally, the Average gained 30.7% since its March 9 low which is slightly more than the inflation-adjusted Dow’s performance from its 1966 peak to today.
[2]
Source: Chart of the Day [1], June 19, 2009.
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URLs in this post:
[1] Chart of the Day: http://www.chartoftheday.com/
[2] Image: http://www.investmentpostcards.com/wp-content/uploads/2009/06/dow-1.jpg
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