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Economy

Tomconroy

(7,611 posts)

2. Stocks are one of the few things people don't want

Reply to Shermann (Original post)

Mon Sep 26, 2022, 07:41 PM

Sep 2022

When they are on sale. I think it was about six years for the market to get back to it's 2008 level. That was an over 40% drop. So that gives you a yardstick.
Of course it took the Dow till the early 1950s to reach the 1929 peak. Probably won't take that long.

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When will we get back to Dow 36000? [View all] Shermann Sep 2022 OP

If you want a rapid rise back up, one of two things has to happen Warpy Sep 2022 #1

There doesn't seem to be a consensus on whether the US is in recession or not Shermann Sep 2022 #3

Just like the stock market didn't represent the whole economy when it was up Warpy Sep 2022 #6

Stocks are one of the few things people don't want Tomconroy Sep 2022 #2

Option not listed: less than a year Fiendish Thingy Sep 2022 #4

Since 2000, the S&P 500 has taken an average of 647 trading days Shermann Sep 2022 #7

That's not an accurate description of the bigger picture Fiendish Thingy Sep 2022 #8

"Bigger picture" just means averaging in older data Shermann Sep 2022 #9

How about Thursday since we are all wishing. twodogsbarking Sep 2022 #5