If we’re indeed following 1929 now then here’s how it’ll likely play out... quite the depressing sight.
Comment:
So first the NDX and now the SPX have broken above those highs here and negated the pattern.
Will DJI next? That would worry me like no other as it's basically the Fed pumping everything equities-related to prop up the most visual thing to measure economic health... And yet economic health is nowhere near Pre-COVID levels.
Madness... We'll see...
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Will DJI next? That would worry me like no other as it's basically the Fed pumping everything equities-related to prop up the most visual thing to measure economic health... And yet economic health is nowhere near Pre-COVID levels.
Madness... We'll see...