Dec 31 2008

Worst fiscal year since 1931

Published by at 4:59 pm under General

Break out the Model T, time for the Joads to flee the Dust Bowl. Today the Wall Street Journal reports:

“The blue-chip measure ended the year down 34%, its worst annual performance since 1931. The S&P 500 and Nasdaq plummeted 39% and 41%, respectively, for the year.”

One response so far

One Response to “Worst fiscal year since 1931”

  1. # jim Forbeson 31 Dec 2008 at 8:21 pm

    What if Tom Joad were a homicidal venture capitalist…think: “Cry Havoc and Release the the Penguins of Irony.”

    Jim Forbes

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