DJIA to hit 40,000 by 2030?

Fifteen years later, in 1925, it had doubled again to 120, and just 5 years after that, had teetered on the cusp of 300 by April of 1930, right before it took a nose dive. In 2 short years, by June, 1932, the DJIA had fallen to 44 as a result of the Great Depression....
Seven Centuries of Real Estate Prices

Seven Centuries of Real Estate Prices

Global Financial Data has put together a data series covering seven centuries of real estate prices. The series covers real estate costs in Great Britain from 1290 to the current day. How did we do this? Unfortunately, there was no Ye Olde Zillow Real Estate Co. that...
Benjamin Harrison and the Terrible Tariff

Benjamin Harrison and the Terrible Tariff

Donald Trump was elected president promising to use protectionist measures, if necessary, to bring jobs back to America. Economists warn that raising tariffs reduces trade and hurts the economy. The Smoot-Hawley Act of 1930 is blamed for intensifying the Great...