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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Paul Shread who wrote (9729)6/21/2001 11:40:18 AM
From: John Madarasz  Read Replies (1) of 52237
 
Yes it was...1975 was pretty bad too. In both periods, '75 and '81-'82, household wealth dropped from apx. 15% to -2% and 15% to 6% respectively, foreshadowing the coming recessions.

FWIW the annual % change in household wealth has fallen from 15% in 1999 to -15% currently. The largest decline (by over 10%) since 1946!
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