Thread
:
The differences between 1929 and Today
View Single Post
#
26
11-29-2007, 07:17 PM
lehighguy
Senior Member
Join Date: Nov 2004
Posts: 4,290
Re: The differences between 1929 and Today
Perhaps you should think in real terms nominal terms. Sure the market went up on the 50bp, but the dollars it was price in lost a huge amount of value. Nominal, not real, gain.
lehighguy
View Public Profile
Find all posts by lehighguy