This is what happened to the Dow in the four years between Hoover’s election and his landslide defeat to FDR in 1932:
This is what happened to the Dow in the four years between Hoover’s election and his landslide defeat to FDR in 1932:
It’s the Dow’s performance from Election Day in 1928, when Herbert Hoover was chosen president, to its performance since a week ago.
They’re very similar. So what does that tell us? 🧵
It’s the Dow’s performance from Election Day in 1928, when Herbert Hoover was chosen president, to its performance since a week ago.
They’re very similar. So what does that tell us? 🧵