Stocks On Track For Worst December Since 1931

U.S. stocks have not fallen this dramatically during the month of December since the Great Depression of the 1930s.  On Monday, the Dow Jones Industrial Average lost another 507 points, and it is now down more than 1,000 points from Thursday’s close.  This fresh downturn has pushed the Dow and the S&P 500 very firmly into correction territory, and the Russell 2000 is now officially in bear market territory.  The ferocity of this stock market crash is stunning many of the experts, and many investors are beginning to panic.  Back in early October, the Dow hit an all-time high of 26,951.81, but on Monday it closed at just 23,592.98.  That means that the Dow has now plunged more than 3,300 points from the peak of the market, and many believe that this stock crash is just getting started.

 

http://theeconomiccollapseblog.com/archives/stocks-are-on-pace-for-their-worst-december-since-the-great-depression-the-dow-is-now-down-over-3300-points-from-the-peak

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