Here’s Why the Dow Just Had Its Worst Slump in 50 Years
The Dow Jones Industrial Average has just recorded its most severe sustained decline since the early 1970s, a period defined by oil shocks, runaway inflation, and aggressive monetary tightening. Measured from its most recent cyclical peak to the trough of the selloff, the index experienced a drawdown exceeding those seen during the 1987 crash, the … Read more