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OLDMDDEM
(2,463 posts)malaise
(283,242 posts)just that 😀.
OLDMDDEM
(2,463 posts)😀
EYESORE 9001
(28,079 posts)I had a vision of a tiny, shriveled, mushroom-shaped appendage dropping onto the ground
Lololol 😅😂😆
Kid Berwyn
(20,058 posts)Gosh, Harlan Crow will be so happy!
OLDMDDEM
(2,463 posts)Greg_In_SF
(201 posts)4000 points year to date. In 2022, it dropped 7000 points. This math isn't adding up.
ProfessorGAC
(72,380 posts)...was from August 12 to September 30, or 7 weeks, where it fell 3,900 points.
Plus, I'm seeing a full year drop of only 3,191 points.
It appears it depends on the exact time frame under review.
onenote
(45,134 posts)Last edited Tue Apr 22, 2025, 02:50 PM - Edit history (1)
First, there are over a week of trading days left in the month. While the Dow will end down by the end of the month, the extent of the decline is yet to be known.
Second, none of the articles repeating this assertion give any information as to the amount by which the Dow declined in April 1932, or any other year. I did a bit of google searching which produced a couple of different sets of numbers from which the decline in the Dow in 1932 can be calculated -- one shows it as over 37% and the other puts it at around 23%. As I type this, the Dow is down around 6.6% for the month, using its close on March 31 as the starting point.
Again, there is every reason to expect the Dow to be down for the month, but the extent to which it is down now, at least, is much less than it was in April 1932.
WarGamer
(16,990 posts)W_HAMILTON
(8,923 posts)Now, please retract your mis(dis?)information.
onenote
(45,134 posts)Since you apparently do both, why don't you share with us any specific information in the WSJ article about the extent of the decline in April 1932 and any other April months in which the market declined?
Also, please point out what mis or dis- information is in my post. Are there not a week of trading days left? Was the market not down around 6.6% for the month when I typed my post? Do you know where the market will end up at the month?
WarGamer
(16,990 posts)OP claims worst since April 1932. That's impossible since April isn't over yet. Thus... fiction.
W_HAMILTON
(8,923 posts)
WarGamer
(16,990 posts)Ping Tung
(2,165 posts)Or, will he just call it "fake news"?
Greg_In_SF
(201 posts)fake news. The entire assertion is preposterous. In fact, it's not even close.
Johonny
(23,411 posts)Trade deals on the way . . . Sure.
BannonsLiver
(19,052 posts)
LIGMA!