1929 Market Crash - 90 years ago

[tsptalk]

Three Things You Didn't Know About The Crash Of 1929

https://www.zerohedge.com/markets/three-things-you-didnt-know-about-crash-1929

 

[James48843]

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?

 

[tsptalk]

S&P 500 PE Ratio - 90 Year Historical Chart...

https://www.macrotrends.net/2577/sp-500-pe-ratio-price-to-earnings-chart

 

[Bullitt]

The old record was set in 1929, when it took 42 days over in Sept/Oct to drop into a bear market.

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.

https://www.usatoday.com/story/mone...ech-fails-quell-coronavirus-fears/5029964002/