Here’s the mega-bears chart. It compares the Dow crash of 1929 and Great Depression to the Nikkei crash of 1989 and today’s S&P 500 peak in 2000. …
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Here’s the mega-bears chart. It compares the Dow crash of 1929 and Great Depression to the Nikkei crash of 1989 and today’s S&P 500 peak in 2000. …
You must be logged in to post a comment.
That’s pretty stunning. Anyone that believes it can’t happen again in its entirety needs to re-think things. As a matter of fact, it’s probably more likely that it does play out that way than not. You need growth policies that go beyond money printing to grow an economy. Our policies are not pro-growth and will be even less so when the tax increases on investment kick in in 2010. It is now easier for individuals to participate in the downside via inverse ETFs, so we have no excuse. The timing can be tough. Don’t use the leveraged ETFs except for short term trading. The decay can kill you if the VIX is dropping.
Agree about ultra ETFs…if your timing is off, you can get killed.
Most of the 2003-2007 growth wasn’t real organic growth…it was due to many multinational companies benefiting from a favorable exchange rate.
Lots of smoke and mirrors out there.