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What a difference a year makes for the economy

One year ago today, the Dow Jones Industrial Average (DJIA) reached one of it’s highest points in history, closing at 14,164.53. What a difference one year makes. Today, the DJIA closed at 8,579.13, meaning that over the past year the DJIA has dropped more than 5,500 points (or -39.45%). It looks even scarier when graphed: [...]