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Day: December 31, 2008

Worst fiscal year since 1931

Break out the Model T, time for the Joads to flee the Dust Bowl. Today the Wall Street Journal reports:

“The blue-chip measure ended the year down 34%, its worst annual performance since 1931. The S&P 500 and Nasdaq plummeted 39% and 41%, respectively, for the year.”

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Author David ChurbuckPosted on 2008-12-31Categories General1 Comment on Worst fiscal year since 1931

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Hispid

(adj.) something covered with stiff hairs, bristles, or minute spines,

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