Wall Street’s Year (and-a-Half) of Dangerous Living

Aaron Task and Henry Blodget go over some wild stats:

  • The current decline is worse than the 1929-1932 rout.
  • Based on the Wilshire 5000 Index, the market-cap of U.S. stocks is down $11 trillion since the Oct. 2007 peak, Marketwatch says.
  • U.S. stocks have lost $1.6 trillion in market-cap since Barack Obama’s inauguration, Bloomberg reports.
  • Nearly 50% of all stocks in the Wilshire 5000, the broadest index of U.S. equities, are trading for less than $5 per share, and 37% are under $3.


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