The last Roaring Twenties ended in disaster. Should investors be worried?

CNN Business2021-04-26

New York (CNN Business) - 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...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

PureRectitud
2021-04-26
PureRectitud
Like n comment pls
Genekun
2021-04-26
Genekun
No, investing is a long journey
- PJoo:
  Agree
AnthonyC
2021-04-26
AnthonyC
Please help to like and comment!
- Genekun:
  Here u go
MrDropout
2021-04-26
MrDropout
Wow
Ychwee
2021-04-26
Ychwee
Bull all the way
- WGuertena:
  Hopefully haha
TraderGw
2021-04-26
TraderGw
Like and comment please thanks !
- AnthonyC:
  Done

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1136207293?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-04-26 09:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1136207293","market":"us","top_or_hot":-1,"title":"The last Roaring Twenties ended in disaster. Should investors be worried?","media":"CNN Business","content":"<div>\n<p>New York (CNN Business) - If this is a new Roaring Twenties for stocks and the economy, do we need to worry about how the 1920s ended?\nThere has been a lot of talk about how the combination of massive...</p>\n\n<a href=\"https://edition.cnn.com/2021/04/25/investing/stocks-week-ahead/index.html\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The last Roaring Twenties ended in disaster. Should investors be worried?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe last Roaring Twenties ended in disaster. Should investors be worried?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-26 09:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/04/25/investing/stocks-week-ahead/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business) - If this is a new Roaring Twenties for stocks and the economy, do we need to worry about how the 1920s ended?\nThere has been a lot of talk about how the combination of massive...</p>\n\n<a href=\"https://edition.cnn.com/2021/04/25/investing/stocks-week-ahead/index.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".DJI","symbol_name":"道琼斯","start_time":0,"source_url":"https://edition.cnn.com/2021/04/25/investing/stocks-week-ahead/index.html","article_id":"1136207293","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1136207293","pubTimestamp":1619400431,"sourceInfo":null,"weMediaInfo":null,"summary":"New York (CNN Business) - If this is a new Roaring Twenties for stocks and the economy, do we need t","collect":0,"end_time":0,"defaultTopTitle":"cnn.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"translate_title":"最后一个轰鸣的二十年代以灾难告终。投资者应该担心吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"New York (CNN Business) - If this is a new Roaring Twenties for stocks and the economy, do we need to worry about how the 1920s ended?\nThere 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.\nBut 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.\n\"The Roaring Twenties were a great period of time for investors but they didn't end well,\" said Randy Frederick, vice president of trading and derivatives for Schwab Center for Financial Research.\nSome experts worry that similar excesses could be building now in the stock market and economy. You see it with the rise of meme stocks likeGameStop(GME), the surge in bitcoin and other cryptocurrencies and the unrelenting runup in US housing prices.\nStill, that doesn't necessarily mean it's time to panic and start preparing for another significant upheaval.\n\"Another Great Depression scenario is hard to see,\" said Troy Gayeski, co-chief investment officer of SkyBridge Capital.\nTraders rush in 1929 as the New York Stock Exchange crashes, sparking a run on banks.\nGayeski noted that many big businesses and consumers have stockpiled cash. The personal savings rate in the US is currently hovering just under 14% — compared to 7.6% in January 2020.\nThis cushion should prevent the economy from going into free fall even if there is more volatility in stocks.\n\"I don't think a short-term hangover will lead to a multi-year downturn,\" Gayeski said.\nFrederick agreed that investors are not worrying about a meltdown, in part because stocks already took a massive hit last year due to the pandemic — and quickly recovered.\nWall Street is also hopeful that economic policymakers, most notably Treasury Secretary (and former Federal Reserve chair) Janet Yellen and current Fed chair Jerome Powell, will not do anything rash that risks jeopardizing the recovery of the economy or market.\n\"There is a lot of confidence in Yellen. She knows what she's doing. And the Fed won't raise rates aggressively,\" said Louis Navellier, chief investment officer of Navellier & Associates.\nThat should keep the economy and financial markets humming along. Of course, there will likely be corrections along the way. That's only natural.\nBut Gayeski said it's hard to imagine inflation roaring back in such dramatic fashion that it would lead the Fed, which meets again on Wednesday, to change course.\nAbsent that, the Fed can stay on hold and investors won't have to worry that the central bank will grind the economy to a halt with big rate hikes.\n\"Covid dealt such a massive body blow to the economy but there has been unprecedented monetary and fiscal stimulus and the markets have responded to that. At some point, the Fed may have to gradually let up on the accelerator. But not right now,\" he said.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":374028962,"gmtCreate":1619403221756,"gmtModify":1704723295089,"author":{"id":"3581560229384661","authorId":"3581560229384661","name":"PureRectitud","avatar":"https://static.tigerbbs.com/7a2e0cd785af3d3138ee0f871a34e2ed","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581560229384661","authorIdStr":"3581560229384661"},"htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374028962","repostId":1136207293,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":374063152,"gmtCreate":1619402650276,"gmtModify":1704723278613,"author":{"id":"3562062018050031","authorId":"3562062018050031","name":"Genekun","avatar":"https://static.tigerbbs.com/ffb91ce7286a4dd47ea48415366d485f","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3562062018050031","authorIdStr":"3562062018050031"},"htmlText":"No, investing is a long journey","listText":"No, investing is a long journey","text":"No, investing is a long journey","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/374063152","repostId":1136207293,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4138695,"gmtCreate":1619441775990,"gmtModify":1680785668731,"authorId":3572863479502236,"author":{"id":3572863479502236,"idStr":"3572863479502236","authorId":3572863479502236,"name":"PJoo","avatar":"https://static.tigerbbs.com/c1df329f4341646fc633446858d34c31","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":374063152,"type":1,"supId":0,"prevId":0,"content":"<u>Agree</u>","text":"<u>Agree</u>","html":"<u>Agree</u>"}],"langContent":"EN"},{"id":374037935,"gmtCreate":1619401174927,"gmtModify":1704723247157,"author":{"id":"3571137160288122","authorId":"3571137160288122","name":"AnthonyC","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3571137160288122","authorIdStr":"3571137160288122"},"htmlText":"Please help to like and comment!&nbsp;","listText":"Please help to like and comment!&nbsp;","text":"Please help to like and comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/374037935","repostId":1136207293,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4134134,"gmtCreate":1619402661615,"gmtModify":1680785598853,"authorId":3562062018050031,"author":{"id":3562062018050031,"idStr":"3562062018050031","authorId":3562062018050031,"name":"Genekun","avatar":"https://static.tigerbbs.com/ffb91ce7286a4dd47ea48415366d485f","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.11","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":374037935,"type":1,"supId":0,"prevId":0,"content":"Here u go","text":"Here u go","html":"Here u go"}],"langContent":"EN"},{"id":374032926,"gmtCreate":1619401072365,"gmtModify":1704723242457,"author":{"id":"3581722640145255","authorId":"3581722640145255","name":"MrDropout","avatar":"https://static.tigerbbs.com/fe56bcc954c827032d017adf8138a2f8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581722640145255","authorIdStr":"3581722640145255"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374032926","repostId":1136207293,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":374038115,"gmtCreate":1619401007637,"gmtModify":1704723239701,"author":{"id":"3579483775019155","authorId":"3579483775019155","name":"Ychwee","avatar":"https://static.tigerbbs.com/21b26b66434038d42864871216ba4fc9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579483775019155","authorIdStr":"3579483775019155"},"htmlText":"Bull all the way","listText":"Bull all the way","text":"Bull all the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/374038115","repostId":1136207293,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4133855,"gmtCreate":1619401183780,"gmtModify":1680785595946,"authorId":3580611059508133,"author":{"id":3580611059508133,"idStr":"3580611059508133","authorId":3580611059508133,"name":"WGuertena","avatar":"https://static.tigerbbs.com/07d3ed4064329e17d318ef269f1f0030","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.29","exceedPercentage":"93.30%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":374038115,"type":1,"supId":0,"prevId":0,"content":"Hopefully <u>haha</u>","text":"Hopefully <u>haha</u>","html":"Hopefully <u>haha</u>"}],"langContent":"EN"},{"id":374031433,"gmtCreate":1619400991322,"gmtModify":1704723238733,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3572398673005116","authorIdStr":"3572398673005116"},"htmlText":"Like and comment please thanks !&nbsp;","listText":"Like and comment please thanks !&nbsp;","text":"Like and comment please thanks !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/374031433","repostId":1136207293,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4133835,"gmtCreate":1619401091025,"gmtModify":1680785596140,"authorId":3571137160288122,"author":{"id":3571137160288122,"idStr":"3571137160288122","authorId":3571137160288122,"name":"AnthonyC","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":374031433,"type":1,"supId":0,"prevId":0,"content":"Done ","text":"Done ","html":"Done "}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":38,"commentSize":12,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1136207293"}