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In the 694 days between 11 January 1973 and 6 December 1974, the New York Stock Exchange's Dow Jones Industrial Average benchmark suffered the seventh-worst bear market in its history, losing over 45% of its value. The year 1972 had been a good year for the DJIA, with gains of 15% in the twelve months, and 1973 had been expected to be even ...
Dec 11, 2016 · Neff’s 31-year record of beating the market by more than three percentage points annually is unrivaled. After losing 25% in 1973 and 16.8% more in 1974, Neff gained 54.5% in 1975 and another 46.4% in 1976. “A noticeable portion of my cumulative outperformance,” says Neff, “came in those two years alone.”.
The divergence between the large-cap stocks and smaller-cap stocks was resolved over the next five weeks as the "nifty fifty" experienced a brutal reckoning and the Dow plunged 200 points or over 20%. The Dow bottomed at 788 in early December of 1973. After jumping back above 850 in early 1974, the Dow remained in a trading range as impeachment ...
Sep 27, 2019 · This recession is actually considered to be two separate recessions. The 1980 recession lasted throughout the first six months of the year and The Early 1980s recession went from July 1981 to November 1982. From February to April 1980, the Dow fell 16%. As a result, the Federal Reserve cut the Fed Funds rate to 8.5%.
Dec 6, 2017 · The two-year bear market finally ended Dec. 6, 1974 when the Dow hit 577.60. The sell-off did so much damage to the U.S. market that it took roughly 20 years to fully recover in real terms ...
- Wayne Duggan
Nov 4, 1996 · The 1973-1974 bear market, from peak to trough, racked up losses of 45% over the course of nearly two years. It was one of the biggest declines in the 100-year history of the Dow Jones Industrial ...
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Nov 3, 1996 · From its peak of 1,051.70 on Jan. 11, 1973, the Dow plunged to 577.60 by Dec. 6, 1974, a stunning loss of 45% that ruined countless fortunes, not to mention countless Wall Street careers.
