Sentiment Speaks: Don't Worry About Repeat Of 1929 Depression, It Will Likely Be Much Worse

(11min)

Summary

  • Quantitative easing is ineffective without public demand for additional debt, leading to potential deflation rather than inflation during contractionary periods.
  • The upcoming bear market, expected to last 13-21 years, will feature multiple smaller crashes and counter-trend rallies, causing significant market volatility.
  • Rising interest rates will increase government debt payments, exacerbating economic challenges and contributing to a long-term deflationary environment.
  • The impending bear market may mirror the Great Depression but with prolonged and repeated downturns, severely impacting unprepared investors.
  • Looking for a helping hand in the market? Members of The Market Pinball Wizard get exclusive ideas and guidance to navigate any climate. Learn More »

grim business economy outlook

manley099

I recently read an article that was warning about a repeat of the 1929 Depression. While I believe the author correctly believes that we are approaching the end of a long-term bullish market cycle, his theory is based upon continued inflation

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This article was written by

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Avi Gilburt, ESQ., is an accountant and lawyer by training and the founder of Elliot Wave Trader, where along with his team of analysts, he specializes in identifying the major turning points and market trends so you can invest more confidently while applying appropriate risk management.

Avi is the leader of the Investing Group The Market Pinball Wizard where they help members gain a more real-time understanding of where the market is likely heading. Features of the group include: daily S&P 500 directional analysis, intraweek metals analysis, weekly expanded analysis on the S&P 500, metals, USO, and USD, weekly live webinars where we walk you through the charts we are tracking, and community chat with direct access to Avi and his team of analysts to ask questions.

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

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