Thursday, December 31, 2009

Dow Performance - Blech!

Chart of the Day:

As the zeros decade concludes, today's chart presents the price performance of the Dow for each decade since 1900. So how do the 10 years just passed rank? As today's chart illustrates, the performance of the Dow from the close of 1999
through 2009 was the second worst performance on record. Only the Great Depression decade of the 1930s was worse. The current zeros decade also shares an unfortunate outcome with the 1930s in being a decade during which the Dow actually ended lower than where it started. Happy new decade.