We have often been asked about the great financial bubbles of the past. This page illustrates several of the bubbles of the twentieth century, with links to free chart downloads, and a suggestion for a timely and inexpensive source for insightful chart analysis.
on World Markets
Where the chart first appeared!
A version of this chart appeared in The Wall Street Journal
on Friday, March 2, 2001 (page C1, above the fold).
It illustrated the article, Bursting of the Tech Bubble Has a Familiar ‘Pop’ to It,
by Steven E. Frank and E.S. Browning.
I want to thank Patricia Minczeski of The Wall Street Journal
for suggesting her ingenious way of squeezing three price axes onto one chart.
The chart was adapted from one that Topline originally prepared for Ian McAvity's newsletter, Deliberations, over a year before that!.
The original charts (published on January 18, 2000).
Color chart comparing the Nikkei (1979-99), the DJIA (1919-39) and the NASDAQ Composite (1990-2010).
Black & White chart comparing the Nikkei (1979-99), the DJIA (1919-39) and the NASDAQ Composite (1990-2010).