Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Stocks Finish Worst Decade Ever

Yes, even worse than the 1930s

By Kevin Spak, Newser Staff

Posted Dec 21, 2009 7:14 AM CST

(Newser) – Unless something really drastic happens in the next few days, the 2000s will be the worst decade in recorded stock market history—and that’s going back to 1820, folks. You would have been better off putting your money under your mattress than investing in... Read full story »

COMMENTS

Read the comment policy

You need to Log in to Newser to comment. Don't have an account yet? Sign up now!

13 comments

A snapshot of the day's best news stories.

View Larger Grid

All Today Yesterday Pick a Date

What's Popular Now on Facebook

'Serpent Pastor' Dies of Snake Bite

Oosp: Romney's New App Misspells 'America'

Wall Street Journal (Source Grid »)

Money

stock market • Great Depression • tech bubble • financial crisis • decade

More Newser Stories

Brazilian Trader Shoots Himself at Exchange

He clings to life after suicide attempt in wake of plunging market

(NEWSER) - A Brazilian trader was in critical condition after shooting himself in the chest on the floor of the nation's commodities and futures exchange yesterday. The tragedy occurred in the raucous interest rate futures pit, where some $21 billion in contracts are traded daily. Brazil's main stock index has plunged 50% since May. More»

Following Herd Out of Market Will Sting in Long Run

No reason stocks won't be back: economist

(NEWSER) - Ready to pull the plug on the stock market and put all of your money under the mattress? Princeton economics professor Burton Malkiel writes in the Wall Street Journal that you’ll be better off riding out the storm. “No one has consistently made money by selling America short, and I am confident the same lesson is true today,” he says. More»

Pandora Shares Soar in IPO

It's the latest in a new wave of Internet coming out parties

(AP) - The shares of popular but unprofitable Internet radio service Pandora soared more than 50% in its market debut. Its shares rose as high as $26 in early trading this morning, up from its offering price of $16 and valuing Pandora Media Inc. at more than $4 billion. That is easily more than the current value of AOL Inc., but a fraction of such Internet behemoths as Google or Yahoo Inc. More»

Your LinkedIn Lesson: Quick, Move to Silicon Valley

The dot-com madness is upon us again: Brett Arends

(NEWSER) - Investors went nuts over LinkedIn's IPO today —it more than doubled to close at $94.25 per share. What might you take from this? "Quit your job, move to Silicon Valley, and start a venture to compete with LinkedIn," writes Brett Arends at MarketWatch . After all, this madness signals that "the new dot-com mania may have some way to run." How else to explain why LinkedIn, which is, after all, a glorified resume site with modest revenue, could be valued at $10 billion? That's b-as-in-boy billion. More»

Did Bankers Go to Jail for Causing Great Depression?

No, although a couple were charged and some were embarrassed

(NEWSER) - The government could soon prosecute a few Wall Streeters who allegedly played a role in the financial crisis, and the commission that uncovered those at fault was modeled on a similar probe after the Great Depression. So did anyone who precipitated that collapse ever go to jail? Nope, writes Brian Palmer in Slate ’s Explainer column: “The rampant speculation and eventual crash of 1929 weren't caused by fraud or illegality, but by unreasonable optimism and loose financial regulation.” More»

NEWS FROM OUR PARTNERS

What is Newser?

Face it: there's too much news. At Newser, we choose the most thought-provoking and entertaining stories from hundreds of US and international sources and reduce them to a headline, picture, and two paragraphs. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »

Partnering with: Slate

View Newser on the mobile website

Stocks Finish Worst Decade Ever

Yes, even worse than the 1930s

stock market • Great Depression • tech bubble • financial crisis • decade

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

Brazilian Trader Shoots Himself at Exchange

He clings to life after suicide attempt in wake of plunging market

Following Herd Out of Market Will Sting in Long Run

No reason stocks won't be back: economist

Pandora Shares Soar in IPO

It's the latest in a new wave of Internet coming out parties

Your LinkedIn Lesson: Quick, Move to Silicon Valley

The dot-com madness is upon us again: Brett Arends

Did Bankers Go to Jail for Causing Great Depression?

No, although a couple were charged and some were embarrassed

About Us

Site

Community

Site Maps

Tools

More News

What is Newser?