Dow Jones Industrial Average
1930's Great Depression
The Dow Jones fell from a high of 386.10 on 3rd September 1929 to a low of 40.56 on July 8th 1932, a massive nominal drop of 89.5% and 87.5% inflation-adjusted. The market would not recover to nominal 1929 prices again until the 1950's, some 25 years later. In inflation-adjusted terms, the market price of an average investment made in 1929 would not break-even again until 1960, some 31 years later.