1929 Model Perspective
Structural research indicates Congress and the Federal Reserve started developing a stock market model in 1913 that ultimately drove prices higher going into September 1929 before collapsing the markets. Comparing data structures covering the last 27 years this same model has taken shape on a scale that is over 100 times larger than the 1915 to 1929 model.
Stock charts courtesy of StockCharts.com.
December 20, 2024
