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/biz/ - Business & Finance

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File: 219 KB, 634x640, GreatDepressionStockMarket.png [View same] [iqdb] [saucenao] [google]
18199185 No.18199185 [Reply] [Original]

The initial crash in the Great Depression got 50% retraced, in the first dead cat bounce.
So far, we have retraced 40% of the initial crash.

>> No.18199203

>>18199185
who cares the whole thing is rigged.

>> No.18199231

>>18199185

Thank you, I was on the edge whether to hold or sell my 401k.

I have just moved it all in to cash.

Please be correct, Bobo.

>> No.18199235

this time it's different!

>> No.18199254

interdasting that it's approx 10 years between each mini boom-bust, but really there was a 70 year mega-boom cycle between 1929 and 1999. we were doomed at that point but new internet tech + low interest fiat + war in mid east somehow led to the 2001-2009 boom and now here we are 10 years later.

>> No.18199267

>>18199185
gosh if it dips 90% i'd sell my linkies to buy

>> No.18199336

>>18199185
Back then they weren't printing money.
Also the Spanish flu which is analogous to covid happened in 1918 to 1920. Check your chart to see what happened after 1920.

>> No.18199434

>>18199336
Things certainly are different, the health crisis and "artificial" shutdown of the economy is something rather unique.
But we still need some empirical models to show us were we are and what is gonna happen, i think the Great Depression may be the closest thing we got to a decent comparison. Mainly because the initial drop looked very similar, but also because the deflationary spiral was mainly set off by to much debt.

>> No.18199565

>>18199434
There were shutdowns during spanish flu as well.
The great depression happened because the federal reserve allowed the money supply to contract causing a deflation.
These days they expand the money supply everytime a big deflationary event occurs, because they learned from past mistakes. The government is even handing people cheques. That never happened during the great depression.
The market might make a new low before this coronavirus pandemic is over, but I don't think there will be a 99% collapse.

>> No.18199633

>>18199565

This. We're not going to see sustained stock market declines, because the central banks will create as much currency as it takes to boost stock prices. What we WILL see however is fiat currencies lose their purchasing power faster than ever.

>> No.18199750

>>18199203
This, it's impossible to really predict because they can just make it do what they want pretty much.

>> No.18199831

>>18199750
Surely there must be some consequences to constant brrrrrr? They can't win that easily can they?

>> No.18199873

>>18199831
The brrrrrrr and the debt-buying that fuels it is crashing some trusts. Mortgage trusts are already starting to throw lawsuits at investment banks over margin calls.

>> No.18199890
File: 9 KB, 215x215, hands.png [View same] [iqdb] [saucenao] [google]
18199890

>>18199831
They win every time, my fren....EVERY time.

>> No.18199980

>>18199873
>Mortgage trusts are already starting to throw lawsuits at investment banks over margin calls.

Can you expand on that, I understand what margin calls are but I don't in this context.

>> No.18200088

>>18199980
Mortgage trust stocks are going down, and the investment banks that fund them are giving margin calls. I'm new to this stuff but it seemed interesting. Someone posted a thread about it earlier but it got about six replies and 404'd
https://www.reuters.com/article/rbc-lawsuit-ag-mortgage/update-1-ag-unit-seeks-ruling-to-prevent-rbc-from-auctioning-off-mortgage-debt-idUSL1N2BI2FP

>> No.18200190

Is it likely that the markets will crash again

>> No.18200201

>>18200190
yes and no - ask finn or powell

>> No.18200206

>>18199203
Based sub 100 IQ with the inadvertent 140 IQ take.

>> No.18200217

>>18200201
Iean due to incoming crash

>> No.18200242

>>18199185
People are more retarded this time.
Every single country is flooding to the dollar and no matter how much all of them try to print at their banks it won't be enough to stop the US from the deflation tank.
Assets are overvalued across the entire market too so you'll see suicidal levels of repo's.

>> No.18201479

>>18199185
Don’t worry, 30% unemployment is priced in

>> No.18201504

>>18199831
They literally convince their slaves to chop the tips of their dicks off, they most certainly can make it do what they want pretty much.

>> No.18201810

>>18200242
>assets
>overvalued
Get it through your thick skull poopants panjeet,no tangible asset can be overvalued in worthless debt notes.