InvestorsHub Logo
icon url

Traderfan

04/27/20 12:18 PM

#71555 RE: wadegarret #71554

Sure but the difference is that there wasn't zero interest rates and another 5 or 7 or whatever amount of trillion bucks being pumped across the economy/markets back then. That's the huge difference I guess.
icon url

Bmrboy

04/27/20 3:33 PM

#71579 RE: wadegarret #71554

Wade - I used to compare past stock market cycles to try and apply that to the future. However, it's a lot more complicated than just saying- "Well, in 1929 it did this, so that's probably what it will do here also". It was a different time and they didn't have the Fed injecting all this $ into the thing. Based on what I saw after 2008/09, the market just kept going up and up and I stayed short. It was a good lesson. The market could drop - who knows? Sure seems like we are headed for the route of inflation. Only time will tell.