|While the stock market has rallied nicely since bottoming on March 9th, the economy continues to struggle. For some perspective on the current economic recession, today's chart illustrates the duration of all US recessions since 1900. As today's chart illustrates, the five longest recessions all began prior to 1930. The length of the current recession (now in its 18th month) is above average and the longest recession since the Great Depression.Notes:
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Quote of the Day"The hidden strength of the U.S. economy has always been the flexibility of our economy to devour the weakest and redeploy that financial and human capital to companies and industries that are great users of capital." - Tobin Smith
Events of the DayJune 14, 2009 - Flag Day
June 15, 2009 - US Open golf tournament begins (ends June 21st)
June 21, 2009 - Father's Day - First Day of Summer (North America)
June 22, 2009 - Wimbledon tennis tournament begins (ends July 5th)
Stocks of the Day-- Find out which stocks investors are focused on with the most active stocks today.
-- Which stocks are making big money? Find out with the biggest stock gainers today.
-- What are the largest companies? Find out with the largest companies by market cap.
-- Which stocks are the biggest dividend payers? Find out with the highest dividend paying stocks.
-- You can also quickly review the performance, dividend yield and market capitalization for each of the Dow Jones Industrial Average Companies as well as for each of the S&P 500 Companies.
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