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Thread: Black Monday

  1. #18971
    Speedy Az winner69's Avatar
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    @WinfieldSmart
    The yield curve has been inverted for over 500 days We’ve only seen this 3 times in history:

    1. 2008
    2. 1929
    3. 1974

    All 3 saw > 50% stock market drawdowns
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #18972
    Advanced Member Valuegrowth's Avatar
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    Quote Originally Posted by winner69 View Post
    @WinfieldSmart
    The yield curve has been inverted for over 500 days We’ve only seen this 3 times in history:

    1. 2008
    2. 1929
    3. 1974

    All 3 saw > 50% stock market drawdowns
    Thanks. Very interesting finding. Don't even mention about 1929. Great depression and over 10 years of suffering. Any way I was preparing for coming major pull back in overvalued markets.

    https://www.history.com/topics/great...ession-history

    Great Depression History

    "The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from the stock market crash of 1929 to 1939."

    Last edited by Valuegrowth; Today at 02:10 PM.

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