The Last Time This Happened Was Days Before The Great Depression

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by Tyler Durden
Thursday, Feb 27, 2020 - 10:30 AM

The US equity market is suffering its worst start to a year since 2009...

In the space of just six days, we went from record high to a 'correction' (over 3,000 Dow points and down over 10.5%)...

What is most ominous is the fact that, as NatAlliance Securities reports"This would be only the second time in history that this has happened. The other? 1928."

In other words, the only other time the Dow Jones entered a correction this fast from an all time high was months before the start of the Great Depression.