TradingView

DOW JONES THEN VS. NOW PART 2

Dow Jones Industrial Average Index (TVC:DJI)

TVC:DJI Dow Jones Industrial Average Index

328 views

There seems to be a great many similarities between the way the 1929 - 1930 market crash turned great depression developed and how the Dow has been materializing thus far in the wake of the COVID crash.

With all the interventions by the Fed will we see new ATHs on the DOW?
OR
Will we see history repeat itself?

Comments

well i guess back then the fed didn't know half of the tricks they do today

for example ::: Keep printing money XD

Waves_of_life

@Waves_of_life, You are absolutely right!! Make that money printer go Brrrrrrr!! XD

PriceActionNation

@PriceActionNation, loooooooooooooooooooool

well to me,,,, its like you are on a bus heading downhill and the driver is watching his stocks on robinhood app not paying attention to the road

Damn i am good XD

Thanks for posting this idea

il dollaro nei confronti dell'Euro , come si comportava in anno 1929-1932 ?? Logicamente USD contro GBP o DM o Lira Italiana

Things are backed into a corner in some way or another. All circumstances seem out of balance right now. Interest rates, bond market, money printer, stock market volatility, unemployment and the job market in general on the verge of change with ai, work from home (which might influence the housing market?), financial system awaiting some revolution of sorts... It is in the air I think, and hopefully it will have a more favourable outcome than the GD from 29' did

Edit: and well of course, the eerie similarity of the charts as you have shown...