Is the Stock Market Repeating the 1929 Run Up to the Great Depression Crash?
Stock-Markets / Financial Crash Feb 12, 2014 - 04:34 PM GMTIs History Repeating … Or Throwing a Head-Fake?
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.washingtonsblog.com/
Washington’s Blog strives to provide real-time, well-researched and actionable information.
We at Washington’s Blog have an insatiable curiosity for new discoveries, new information and new insights.
Despite our passion for what’s new, there are themes that we keep reporting on year after year, as they reflect a bigger picture which remains fairly constant, or the root causes of our problems which have still not been addressed, or potentially powerful solutions which have still never been tried.
© 2013 Copyright washingtonsblog - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.
© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.