Dow Jones Industrial Average: History Tells Us A Crash Is Coming
The Dow Jones Industrial Average has had a meteoric run with the rest of the market, making new all-time highs. However, more and more data analysis signals trouble brewing. Let’s explore.
Mind blowing stats on the Dow Jones Industrial Average are as follows:
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The Dow is up 583% since the 2009 lows. There are only two other times in history a gain of this or more has occurred over a 15 year span or less. Between 1914 and 1929 the Dow gained 634% but then collapsed 89%. Between 1987 and 2000, the Dow gained 610% but then collapsed 38%. The magic number appears to be just over 600% in a 15 year period or less. The Dow is very close to that.
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The Dow is up over 140% in the last four years. Two of the last times the Dow ran up for four straight years more than 140%, the crash of 1987 happened and the collapse in 1998. In 1987, the Dow dropped 42% in two months, in 1998 the Dow dropped 21% in two months.
These are stats to be mindful of. Understanding history can help investors make smart decisions in the future.
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