Last weeks Rally on Wall Street largest in 75 years
It’s hard to believe this photo is from 1933, but it is. That’s the last time there was a rally as large as last weeks on Wall Street.
I saw this story noted in a few places over the past few days…it is being presented as a positive sign, but for those who are too lazy to do the math, let me point out that the last rally happened on August 8, 1932.
Hmmm…what was happening in 1932?
Japan occupied Shanghai and arrived in Nanking.
Aldous Huxley wrote Brave New World.
The League of Nations proved worthless in averting World War.
Hitler was naturalized as a German citizen.
Herbert Hoover was President. Roosevelt defeated him.
Massive riots in Bombay (Mumbai) between Hindus and Muslims.
Uh-oh. Maybe we shouldn’t look at what happened in 1933.
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