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The last Roaring Twenties ended in disaster. Should investors be worried?
If this is a new Roaring Twenties for stocks and the economy, do we need to worry about how the 1920s ended?
There has been a lot of talk about how the combination of massive economic stimulus and vaccines for Covid-19 could bring about a lengthy financial boom just as there was during the 1920s after the end of the influenza pandemic.
But if you follow this analogy to its conclusion, there could be a major cause for concern. After all, the 1920s ended with the Black Tuesday stock market crash in October 1929 right at the onset of the Great Depression.
The last Roaring Twenties ended in disaster Should investors be worried?
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