Sunday, June 28, 2009
Watching the Dow
The chart above tracks the Dow alongside the Market during the Great Depression.
Keep an eye on this comparison... it's tracking right along...
Remember, we still have a tidal wave of foreclosures on the horizon, many credit card defaults, and the commercial real estate market is in a real world of hurt. Millions are still unemployed and more layoffs are coming. (In CT - Read here and here)
We'll see what happens this week.