Steve Cotler

Steve Cotler

The Market Falls–Then and Now

I glance at the headline of an old newspaper that had been used to insulate one of the old log cabins that make up the museum in Frisco, CO.

“Bankers Blame Tax Laws for Securities Drop” (The Denver Post…November 7, 1937).

The Great Depression had been ongoing for over eight years.

Yesterday the Dow fell over 500 points. The more things change, the more they stay the same.

Sigh…

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