The Dow hits bottom
Citations (1)
- Lords of Finance whole source · open book
On July 8, 1932, the Dow, which had stood at 381 on September, 3, 1929, and was trading around 150 before the European currency crisis, hit a low of 41, a drop of almost 90 percent over the two and a half years since the bubble first broke.
chapter: 20. GOLD FETTERS - 1931-33