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Jul
19

Welcome to the 30′s

By Rennie on Monday, July 19th, 2010 at 2:37 am

Friday marked the 22nd session over the past year in which the Dow Industrials posted an absolute daily change of 2% or more. That’s high from a historical perspective but downright tame compared to the outrageous 96 days with a 2%+ move recorded almost exactly one year ago in July 2009. Monstrous volatility like that has only been seen one other time in history – the early 1930’s. The number of 2% days peaked at…
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