In 1930, when the Fed cut interest rates, the market crashed further. In today's tutorial, we will be comparing the 30s and today’s market to identify some of their similarities. Where exactly are interest rates’ direction pointing us? As we may have read, many analysts are forecasting that there will be a few rate cuts in 2024. Is this the best option? My work...
A timeline of the Great Depression for 1930 overlaid with the Dow Jones Industrial Average
This chart is a weekly of the S&P 500 priced in ounces of gold. The light yellow line is an overlay of the gold price. This view on the market is interesting for a number of reasons: 1) This is the price pattern the S&P 500 would have if gold was still money like it was in the early 1930's. 2) Some people, including me, think the current market crash is most...