The Dow Panic of 1907 and the 2008 Financial Crisis
Nov 19, 2013 Doug Short
Note from dshort: This morning I received a request to update a chart set from an article I posted nearly two years ago. The request comes from a student in an online course covering the staggering expanse of world history since 1300. Apparently the Financial Panic of 1907 was an included topic.
The charts illustrate the dramatic market behavior during the Panic of 1907 and the Financial Crisis of 2008. A century separated these two momentous market episodes, and the underlying causes were quite different….