Judgement Comes to Wall Street
Six of the largest U.S. Stock Market crashes have occurred in or around judgment season of the Fall Feasts, and 2008 saw it happen again for the seventh time. On the eve of Rosh Hashanah (the Feast of Trumpets) Sept. 29th, the Stock Market fell 777 points. Ten days latter on Yom Kippur (the Day of Atonement), exactly one year after the Dow hit its all time high of 14,164, the Dow fell another 678 points. During the “Ten Days of Awe” between the Feasts of Trumpets and the Day of Atonement, the Dow fell a total of 2,560 points or 22%. From its high one year earlier to Yom Kippur 2008, the Dow lost 5,585 points or roughly 40%. Has judgment come to Wall Street? We believe it has and this teaching explains why.