Author Topic: Chart compares 1929 stock market crash and the current market - and it is freaky  (Read 436 times)

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rangerrebew

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This Chart Compares the 1929 Stock Market Crash and the Current Market - And It is Freaky 


Michael Hausam | On 12, Feb 2014
 
Take a moment to compare this eerie chart of the 1929 stock market crash that launched the Great Depression and the current one:

1929

Is the market primed for a massive drop?  Are the recent gains subject to a similar catastrophic change?  We can’t know, but maybe.

However, concern over the massive bond-buying by the Federal Reserve and the continued weakness of the job market are reasons to wonder if this might happen again…

http://www.ijreview.com/2014/02/114510-stock-market-telling-us-crash/
« Last Edit: February 12, 2014, 10:58:20 pm by rangerrebew »