Sat Mar 23, 2024 11:33 pm by globalturboIs the Stock Market Repeating the 1929 Run Up to the Great Depression?
Submitted by George Washington on 02/11/2014 13:43 -0500
inShar
On the other hand, Martin Armstrong predicts that a worsening economy – and bank deposit confiscation – in Europe will cause people to flood into American stocks as a “safe haven” for a couple of years.
And the Fed has more or less admitted that propping up the stock market is a top priority.
http://www.zerohedge.com/contributed/2014-02-11/stock-market-repeating-1929-run-great-depression
Submitted by George Washington on 02/11/2014 13:43 -0500
- Great Depression
- Martin Armstrong
inShar
Chart courtesy of Tom McClellan of the McClellan Market Report (via Mark Hulbert)
Hulbert notes that the chart “has been making the rounds on Wall Street.”On the other hand, Martin Armstrong predicts that a worsening economy – and bank deposit confiscation – in Europe will cause people to flood into American stocks as a “safe haven” for a couple of years.
And the Fed has more or less admitted that propping up the stock market is a top priority.
http://www.zerohedge.com/contributed/2014-02-11/stock-market-repeating-1929-run-great-depression
