Three Things You Didn't Know About The Crash Of 1929
https://www.zerohedge.com/markets/th...out-crash-1929
https://zh-prod-1cc738ca-7d3b-4a72-b...?itok=BIR-ys9L
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Yikes!
Yep- stocks are now twice as expensive as they were at the start of the 1929 stock market crash.
Really makes you feel secure, doesn't it?
S&P 500 PE Ratio - 90 Year Historical Chart...
https://www.macrotrends.net/2577/sp-...earnings-chart
The old record was set in 1929, when it took 42 days over in Sept/Oct to drop into a bear market.
https://www.usatoday.com/story/money...rs/5029964002/Quote:
It took just 16 trading days for the broader stock market to drop from records into a bear market, the fastest decline ever and nearly twice as fast as the stock market crash in 1929, according to LPL Financial.