TITLE

BLINK AND YOU'LL MISS IT

AUTHOR(S)
Fisher, Ken
PUB. DATE
May 2009
SOURCE
Forbes Asia;5/25/2009, Vol. 5 Issue 9, p56
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents a comparison of the 2008-2009 stock market crash with the crash in 1929-1932, and focuses on the impact of the bear market crash on several companies. It states that the 1929-1932 crash was followed by a partial recovery and then another bear market in 1937, and in the first three months after 1932's bottom the market was up 92%. It mentions that Sweden's Sandvik AB fell 70% in the bear market because the recession lead to a decline in sales of its tools.
ACCESSION #
41676108

 

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