Economist

2013 Looks a Lot Like 1937 in Four Fearsome Ways

"2013 Looks a Lot Like 1937 in Four Fearsome Ways"
Article Summary:
Original Article by Amity Shlaes of Bloomberg

In this article, Shlaes asks the intriguing question, "Will 2013 be 1937?" This is the question many analysts are posing as the stock market has dropped after the U.S. election. Shlaes explains that “1937” means a market drop similar to the one after the re-election of another Democratic president, Franklin D. Roosevelt, in 1936.

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