Great Depression

The S&P 500 and the Dow Jones Industrial Average indices appear to be tracing a concerning pattern of consecutive steep declines, a phenomenon last witnessed during the Great Depression. What Happened: According to the historical data shared by analysts, both the key indices have triggered a...

Thanks to his years of leadership at Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B) and investing, Charlie Munger is a billionaire. Munger is well-known for not shying away from offering up opinions on a variety of topics, including cryptocurrency and retail investors. Munger drew parallels...

Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened On Oct. 24, 1929, the Dow Jones plunged 11% to kick off the first U.S. stock market crash. Where The Market Was  The S&P 500 was slipping from 27.99 at the start of October to a 20.58...

"Rich Dad Poor Dad” author Robert Kiyosaki says inflation may lead to a “Greater Depression.”  What Happened: Kiyosaki said on Twitter that “Real estate [is] crashing. Foreclosures up 700% from last year.” The personal finance coach also warned of impending...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1932, the Dow Jones Industrial Average hit its lowest point of the Great Depression. Where The Market Was: The Dow reached 41.22, and the S&P 500 would have traded...

Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened: On Oct. 29, 1929, the Dow crashed, catalyzing the start of the Great Depression among industrialized nations. Where Was The Market: The Dow Jones Industrial Average fell 11.73% to...

JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon asked that businesses and the government use the ongoing pandemic as an opportunity to build a fairer economy for the common good.  The Financial Reality Laid Bare In a staff memo written before the bank’s annual shareholder meeting...

Sam Zell expects the coronavirus pandemic to have a similar impact on the economy and society as a whole as the Great Depression, the billionaire real estate guru said on a Bloomberg TV interview. Consumer Sentiment 'Permanently Scarred' Most people who lived through the Great Depression...

According to Alan Lancz, the stock market is at a point of inflection, having recouped some of the losses caused by the coronavirus sell-off in March. Keep An Eye On The Next 45 Days In his newsletter published Wednesday, Lancz commented, “The next 45 days may just become the most critical...

The 2008 financial crisis was the result of the collapse of the financial system but the coronavirus could have the opposite impact of trickling its way towards the financial system, according to former Fed Chairman Ben Bernanke. Different Type of Financial Crisis The 2008 crisis started with the...

Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened? On this day 90 years ago, the Dow Jones Industrial Average broke 200 for the first time. Where Was The Market? The S&P 500 finished December 1927 at 17.53. What Else Was Going On In The...

The post-election stock market rally has propelled the Dow Jones Industrial Average to new highs. Tuesday’s intra-day peak of 19,953.75 is just a stone’s throw away from 20,000. But does Dow 20,000 hold any real significance? El-Erian Weighs In Mohamed El-Erian, chief economic...

By the late 1930s, the worst of the Depression had passed after the U.S. President Franklin Roosevelt jolted the economy through the "New Deal," which focused on the "three Rs" — relief, recovery and reform. At the same time, private investment was at poor levels, as individuals chose to pay...

In December, the Federal Reserve finally began its first interest rate tightening cycle since the Great Recession. With the timing of the next rate hike now a hot topic of debate among traders, Goldman Sachs analyst Jan Hatzius took a look back at past tightening cycles and how often they resulted...

It's easy for any trader keeping up with the daily moves of certain stocks and watching short-term catalysts to lose sight of the big picture. That’s why it’s important to take a step back from time to time and remember exactly what’s going on from a historical perspective....