kiya: (boggled)
kiya ([personal profile] kiya) wrote2021-02-20 04:34 pm
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The past is another country.

Doing research for a story and IHNJ, IJ... "Jun 9 [1986] Dow Jones-index hits record 45.71 points".
graydon: (Default)

[personal profile] graydon 2021-02-20 11:11 pm (UTC)(link)

1896? the record lows are in 1896.

graydon: (Default)

[personal profile] graydon 2021-02-20 11:35 pm (UTC)(link)

The record low as 28 something (in 1896), after a decade or so in the 70s, and it started at about 60, so a record 45.71 could have been on the way down or after the recovery but calling it a record after the recovery would be odd.

The Dow never got below a thousand in 80s; there was some big shifts in 1986, but nothing like the percentage swings from 1929. So it can't be a "45.71 percent" and I am forced to conclude that site has a data-hygiene problem.