... And the Price Levels. (Ought to speaks for itself.)
Same as the Title Chart - less distorted;
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Same as the Title Chart on a Log. Scale Probably much more informative.
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"Just how is it possible that the Dow Jones has lost 90% of it's value?!"
"It is very simple, really. First, it lost 50% of it's value and then, 80% of the remainder." - Answered Benjamin Graham, to a reporter, in a 1934 interview.
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"Yeah, but this time it's different!"
Wanna bet?!... Let's!
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No worries, though! As this Speculative Bubble bursts ... ... all you have to wait is 17-18 years, just to break even. (Much like last time, 2000-2017! Although this time around it is likely to be substantially worse.) ... But what's a generation or two amongst friends, anyways?
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Up close;
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Blue Chip Performance: 1973-1974
Du Pont -58.4% Eastman Kodak -62.1% Exxon -46.9% Ford Motor -64.8% General Electric -60.5% General Motors -71.2% Goodyear -63.0% IBM -58.8% McDonalds -72.4% Mobil -59.8% Motorola -54.3% PepsiCo -67.0% Philip Morris -50.3% Polaroid -90.2% Sears -66.2% Sony -80.9% Westinghouse -83.1%