Skip to content
Subscriber Only
Opinion
Economics

2013 Looks a Lot Like 1937 in Four Fearsome Ways

Nov. 19 (Bloomberg) -- Will 2013 be 1937? This is the question many analysts are posing as the stock market has dropped after the U.S. election. On Nov. 16, they noted that industrial production, a crucial figure, dropped as well.

In this case, “1937” means a market drop similar to the one after the re-election of another Democratic president, Franklin D. Roosevelt, in 1936.