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In reply to the discussion: The 7 Largest Dow Jones drops in US history....ALL TRUMP [View all]Wiz Imp
(4,720 posts)25. Here's the top 10 from the S&P 500
RANK DATE DROP
1 10/19/1987 ( 20.47 )
2 10/28/1929 ( 12.34 )
3 3/16/2020 ( 11.98 )
4 10/29/1929 ( 10.16 )
5 11/6/1929 ( 9.92 )
6 3/12/2020 ( 9.51 )
7 10/18/1937 ( 9.27 )
8 10/15/2008 ( 9.04 )
9 12/1/2008 ( 8.93 )
10 7/20/1933 ( 8.88 )
8 of the 10 have been under Republicans (Hoover 3, Trump 2, W.Bush 2 & Reagan 1). 2 were under FDR during the 30's
Today's drop was the 2nd largest single day drop ever, but percentage wise it was only -4.84% which places it well below the top 20 percentage drops.
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Good. Percents are key. You are halfway there and should look at the S&P 500 (re downthread post of mine). . . . nt
Bernardo de La Paz
Apr 3
#21
Yep. It just invites someone to say that the three largest Dow gains of all time were under Trump
onenote
Apr 3
#27
We are not talking to maga here. I condemn spreading half-truths among DU members. . . . . nt
Bernardo de La Paz
Apr 4
#33
And simple minded fools won't question that the three greatest Dow gains were under Trump.
onenote
Apr 3
#29
You are talking to DU here, not maga. Please don't assume most DU members are simple minded fools. . . . nt
Bernardo de La Paz
Apr 4
#34
Yay for percentages. Day losses are dramatic and attention getting, but what really costs are the long declines. . nt
Bernardo de La Paz
Apr 3
#22
The Dow is a useless broken price-weighted index easy to calculate with 1900 era adding machines.
Bernardo de La Paz
Apr 3
#14
Thanks. 1987 was dramatic, for sure, but I was not paying attention in 2020 or 2008. Nice to review again. . . nt
Bernardo de La Paz
Apr 3
#30
You list useless point changes. Another thing: Counting helps. You list six, not seven
Bernardo de La Paz
Apr 3
#15