The Dow Rises, Falls, and Sometimes Meanders for a Long Time

Filed under: Indices, DJIA

There are bull markets and bear markets, and while each often display a pattern that matches historical precedents, there are those 'irregular periods' that break the mold. Moreover, investors need to remain cognizant of that fact that an irregular period can be long. Very long.



For example, consider the period beginning in the mid-1960s. The Dow crossed the 1,000 mark for the first time in January 1966. President Lyndon B. Johnson (D-Texas) was in the White House then, and he was in the process of escalating the war in Vietnam. Inflation rose, due to ramping defense and social spending. The Dow soon dropped below 1,000.

Continue reading The Dow Rises, Falls, and Sometimes Meanders for a Long Time

The Dow Rises, Falls, and Sometimes Meanders for a Long Time originally appeared on BloggingStocks on Wed, 02 Jun 2010 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments
















Lyndon B. Johnson - Vietnam War - White House - United States - BloggingStocks

Full story at http://www.pheedcontent.com/click.phdo?i=dd169c172edcb26fd426999d9ff8dcb2