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!