“The Dow Jones industrial average yesterday fell below 8,000, shedding 4 percent, its bleakest performance on any Inauguration Day since the index was started 124 years ago. Nasdaq and the Standard & Poor’s 500-stock index both plunged more than 5 percent.” (Washington Post, Wednesday)
A tea-leaf reader’s delight.
FEE Timely Classic
“The Crash of 1987: An Excuse for Government Intervention?” by John Semmens
