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.
>
If the video doesn’t show, click here.
