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Worse June Since Vietnam War

Vast Difference in Context Between War and Famine

The Bloomberg article by Michael Patterson, "U.S. Stocks Tumble, Sending Dow to Worse June Since Depression" has many discussing its implications. The single data point may have drawn some to conclude the markets are performing similar to The Great Depression era, and arriving at the wrong context. In contradiction, utilizing image recognition algorithms, the price series that is most similar from 80 years is the Vietnam War era, not just for this month but the last several months. Vast difference in context between war and famine.

Reference the Dow price charts below, the red charts are the present, and the gray are historically similar price charts (1965 and 1968).




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