Is the Stock Market Repeating the 1929 Run Up to the Great Depression?

Is History Repeating … Or Throwing a Head-Fake?

Chart courtesy of Tom McClellan of the McClellan Market Report (via Mark Hulbert)

Hulbert notes that the chart “has been making the rounds on Wall Street.”

On the other hand, Martin Armstrong predicts that a worsening economy – and bank deposit confiscation – in Europe will cause people to flood into American stocks as a “safe haven” for a couple of years.

And the Fed has more or less admitted that propping up the stock market is a top priority.

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  • Tonto

    ABSOLUTELY! The ultimate crash is coming! Buy gold! Buy silver! Buy guns! Buy ammunition! Buy TP! Buy a plastic case to hide your valuables in! Buy some canned goods to live on! Buy heirloom seeds to grow your food! Buy something to purify your water! Buy something to detox your body! Buy something to shield yourself from radiation poisoning, dangerous sunspots, asteroid collisions and surveillance! Move out of the country! Get rid of your worthless dollars! Respect the Constitution! Become a sovereign citizen!

    Support Ed Snowden! And Julian Asange! And support John Travolta and Beyonce too!

    And above all, support public banking, because politicians running the banks’ money printing presses will bring everlasting peace on earth, and goodwill toward ALL men.

    Hallelujah! The alternative media solves all the world’s problems.

    ———>>>> FRUITCAKES OF THE WORLD UNITE! <<<<———-

  • Schneiderqq

    This is immaculate all around the unfathomable times when the fellowship has fortune cash and decides to disseminate money as benefits to its managers.

 

 

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