Stock values had plummeted by July 1932. Yet from July to August, the Dow Jones Industrial Average doubled, a huge leap given that bad news seemed to flow in from all directions.
Other positive reports also surfaced that summer. Were they to be taken seriously as a sign of recovery?
A Market Recovery False Dawn - Bloomberg - Echoes Series
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Seeded by caltha-palustris View Original Article: 
Bloomberg.com
Seeded on Tue Aug 14, 2012 4:08 PM
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