The DJIA gained 44% in 7 months and the asset bubble popped. Not quite the same scenario but we have an overvalued market never the less.
Exactly...we do have seriously overvalued market. No one is talking about that. History is replete with jaw dropping crashes in over valued markets.
I’m reading that current manufacturing investment commitments run to about 4 Trillion dollars. That’s a lot of money. Trump is saying that if after his tax bill goes through in May-July the total could be 6-7 trillion.
If those numbers pan out—then the USA is headed for the biggest stock market boom in history.
there was a period in the early 2000’s where money just. poured into china leading to their vast and rapid expansion. something similar looks to be in the offing for the USA in the coming years.
Guy over on Zero Hedge was saying if we get a 16% drop on Monday, we will have met the same drop as experienced during the Great Depression?
https://x.com/zerohedge/status/1908267536590004634