DJIA

Rebounding Perspective

Submitted by Chris Ducret on Thu, 03/19/2020 - 16:31

The chaos seems to be just getting started.  To add to the perspective DJIA is at 19,976. That is about the range the market was in January 2017. The DJIA market peaked at 29,398 on February 14, 2020. It took the market 3 years and 1 month to get to its peak. It has taken < 35 days to get back to 2017.  But maybe this is the 2018 event and things will go right back up the peak a little over a year later.  The Supply Chain broke in China. Now the demand side is completely broken, worse that the supply side break.  Just getting started?