The Dow Jones Industrial Average has now halved from its peak. That is going some. From a high of 14,164 early in October 2007 it has taken only 503 days to fall 50 per cent, a full 320 days faster than the ludicrously overvalued Nikkei 225 took to halve after Japan’s bubble burst. To be fair, the Nikkei almost got there at twice the clip as the Dow before bouncing like a samurai’s severed head.
道琼斯指数如今已从最高点跌落一半。这可是相当快。从2007年10月初14164点的高位，该指数仅仅用了503天就下跌了50%，比日本泡沫破灭后，估值高得离谱的日经225指数从最高点腰斩的时间足足快了320天。但公平地说，日经指数飙升至顶峰的时间几乎比道琼斯指数快了一倍，然后才像掉落的武士人头那样落地反弹。
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