Sunday 25 January 2009

A new deal or a continuation of the bear?

I was looking at the Dow Jones chart after watching a documentary on the 1929 stock market crash and thought about what Franklin Roosevelt must have been faced with back in 1933. He followed the Republican Herbert Hoover, and adopted an economy in total disarray. Sound familiar? Well, look at what happened to the Dow Jones after the FDR inauguration:


So what will happen in 2009?


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