For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.
Investing July 8, 2010
When Did the Stock Market Recover from the Great Crash?
July 8, 2010 (PLANSPONSOR.com) - Today marks the anniversary of the worst stock market crash ever.
Reported by
Nevin E. Adams
That crash ran from April 17, 1930 through July 8, 1932 – an 813-day period during which investors lost 86%.
How long did it take for the stock market to fully recover from that sell-off?
Answer:
The full recovery didn’t take place until 1954, 22 years later!