Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

The Great 'Mega-Bears' Chart Is Now Completely Dead

Joe WeisenthalJan 20, 2013, 19:56 IST

During the financial crisis and its aftermath, we were always really fond of looking at Doug Short's Mega-Bears charts, which overlayed the great crashes of 1929, the Nikkei, and the US crash, which started in 2000.

For a long time, the charts moved similarly, indicating that perhaps, great big crashes shared common rhythms.

But no more.

Doug has updated his Real Mega-Bears chart (real, because they're inflation adjusted indices) to show that the US market now bears no resemblance to either the 1929 bust or the Nikkei bust.