Just got a mail from a broker.
Dow Jones industrial average reached 13,500 just before the bubble burst mid 2008,
Dow Jones crashed to 6,900 (after Lehman Bros went bust).
50% drop.
Today the Dow is at 9,500 which is a gain of 38%, from 6,900 low.
FTSE 100 average reached 6000 just before the bubble burst mid 2008.
FTSE 100 average crashed to 3,200 (after Lehman Bros went bust).
Nearly 50% drop again.
Today the FTSE is at 4,900, which is a gain of 55%, from 3,200 low.
Interesting stuff.