Galaxy
10-03-2008, 10:12 PM
1938. Linked below is a very interesting chart:
http://www.ibdeditorials.com/images/editimg/issues100608.gif
An explanation of the chart and the reasons it maybe important are here:
http://www.ibdeditorials.com/IBDArticles.aspx?id=307927474219610
It should be pointed out though that there was no credit crisis in 1938. That could make any conclusions derived from the chart incorrect.
http://www.ibdeditorials.com/images/editimg/issues100608.gif
An explanation of the chart and the reasons it maybe important are here:
http://www.ibdeditorials.com/IBDArticles.aspx?id=307927474219610
It should be pointed out though that there was no credit crisis in 1938. That could make any conclusions derived from the chart incorrect.