net worth. Miskin and Eakins (2012) illustrate the stock prices of Dow-Jones Industrial Average in the Great Depression (1928-1939). During this financial downturn, the Dow-Jones had declined almost to 80 percent of its value (from 80 points down to 10 points within 3 years). For a few years later, the Dow-Jones had recovered its price to 40-levels (Miskin & Eakins, 2012). Equally, the 2007-2009 great recession created a greatest financial loss to major financial institution, and a massive decline in asset pricings. Moreover, the Dow-Jones had gave up 50 percent of its price down to 6000
net worth. Miskin and Eakins (2012) illustrate the stock prices of Dow-Jones Industrial Average in the Great Depression (1928-1939). During this financial downturn, the Dow-Jones had declined almost to 80 percent of its value (from 80 points down to 10 points within 3 years). For a few years later, the Dow-Jones had recovered its price to 40-levels (Miskin & Eakins, 2012). Equally, the 2007-2009 great recession created a greatest financial loss to major financial institution, and a massive decline in asset pricings. Moreover, the Dow-Jones had gave up 50 percent of its price down to 6000