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Tag Archives: Depression

Bernanke rejects Great Depression comparisons as he says GDP could slump by 30%

Ben Bernanke, the former chairman of the Federal Reserve, is a scholar of the Great Depression, a background he put to use during the global financial crisis when he invented many of the emergency lending programs the central bank is now re-using. But he thinks the Great Depression is a …

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Market Extra: The Dow is on pace for its worst month since the Great Depression, but here’s why all hope isn’t lost amid the coronavirus crisis

The month of March has rolled in like a ferocious lion for bullish stock-market investors, leaving little but carnage in its aftermath, as uncertainties about the effects of the coronavirus outbreak abound. The decline for the Dow Jones Industrial Average DJIA, -4.55% has been simply gut-wrenching for the average investor, …

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