The US equity market plunged dramatically in 1929 triggering the Depression. From the peak of 1929 to the bottom reached in 1932, millions were unemployed and untold misery was brought upon the general population.After FDR was inaugurated as the 32nd President of the United States the economy slowly started to recover. The chart below shows …
Continue reading ‘Dow Jones Index During Depression And After: Chart’ »
European stocks are under-performing American stocks at least so far this year. Despite COVID-19 and the ensuing economic chaos, the S&P 500 is down just 12.4% year-to-date. After a dramatic plunge in February and March, equities have rallied sharply. However nobody knows if this rally will hold through the rest of the year. Compared to …
Continue reading ‘GRANOLAS: The 11 Best European Superstar Stocks’ »
The global economy is heading into a deep recession if it is not in one already. Millions of Americans are unemployed as the world’s dynamic economic is in a standstill. In Europe and other parts of the world also the same situation is playing out. As companies’ profits are plunging many of them are cutting …
Continue reading ‘A Note on Dividend Cuts Around The World’ »
COVID-19 has made the traditional custom of handshakes a big no-no. Handshakes will not be practiced by the general population for the foreseeable future. That does not mean people can’t greet each other. In addition, European ways of hugging and kissing is also out of fashion as well. Some of the many different ways of …
Continue reading ‘The Many Ways Of Touchless Greetings: Infographic’ »
The US equity market is down just 11% as represented by the S&P 500 year-to-date. Despite the violent crash into bear market in March, stocks have recovered equally strongly in the past few weeks. Nobody knows if this recovery will continue to hold. With the death toll still rising and mass unemployment further increasing it …
Continue reading ‘Knowledge is Power: Bottom Calling, Depression Lessons, Angry Americans Edition’ »