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Scary 1929 market chart gains traction - Mark Hulbert - MarketWatch

CHAPEL HILL, N.C. (MarketWatch) -- There are eerie parallels between the stock market's recent behavior and how it behaved right before the 1929 crash.

That, at least, is the conclusion reached by a frightening chart that has been making the rounds on Wall Street. The chart superimposes the market's recent performance on top of a plot of its gyrations in 1928 and 1929.

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Sat Feb 15th, 2014 at 01:56:05 PM EST
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