This bull market run has echoes of the late 1920s, Nobel Prize-winning economist Shiller says
“‘The 1920s is quite a legend that people are often thinking about,’ Shiller said Friday on CNBC’s ‘Trading Nation.’ ‘I look at 1929 particularly as the end of the roaring ’20s and it ended in a bout of speculation. Between May and September of ’29 the stock market went up over 30 percent in just a few months.'”
USAGOLD note: These comparison’s between the 1929 crash and the 1930s crop up with regularity these days. . . .Dalio, Howe and now Shiller.
Repost from 10/2/2018