The following article from the Wall Street Journal provides insight into future trends of the US stock market, which shows similarities with the market just prior to the 1929 stock market crash. This sort of material encourages more and more people to search for safer investments like real estate, which can hedge against inflation.
The next decade will be one of the most exciting times to be in real estate. The collective consciousness of society is shifting into greater acceptance and excitement that real estate is a great way to create security, income, and retirement. This is why i have added it as as an additional “turnkey system” to offer to my loyal clients.
Scary 1929 Market Chart Gains Traction – Opinion: If markets follows the same script, trouble lies directly ahead. By 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 picture isn’t pretty. And it’s not as easy as you might think to wriggle out from underneath the bearish significance of this chart.
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