For some long-term perspective, today's chart illustrates the Dow adjusted for inflation since 1925. There are several points of interest. For one, when adjusted for inflation, the bear market that concluded in the early 1980s was almost as severe as the one that concluded in the early 1930s. Also, the inflation-adjusted Dow is a little more than double where it was at its 1929 peak and trades 54% above its 1966 peak – not that spectacular of a performance considering the time frames involved. It is also interesting to note that the Dow is up 57% from its March 9, 2009 low which is actually slightly more than what the inflation-adjusted Dow gained from its 1966 peak to today.
Journalists and bloggers may post the above free Chart of the Day on their website as long as the chart is unedited and full credit is given with a live link to Chart of the Day at http://www.chartoftheday.com.
Friday, February 26, 2010
- 2009 GDP Quarterly and Annual Data
The estimate for GDP was revised up by 0.2% from the first estimate for Q4-2009 GDP which was was 5.7%. See tables and graphs at the end of this article.
Highlights of Table 1:
best regards
Kirk Lindstrom
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Free Sample Issue of Kirk's Investment Letter
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Since 12/31/98 through 12/31/09, "Kirk Lindstrom's Investment Letter Explore Portfolio" gained 159% (a double plus another 59%!!) vs. the S&P500 UP a tiny 8.6% vs. NASDAQ UP a tiny 3.5%
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