David Reavill

The 1920's vs. The 2020's


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It's the weekend, our chance to take a look back at the week just past.
What an interesting week it was.
We began, by noting the Wall Street has become enamored with the parallels that exist between these 20's that were living in now, and the 1920's. In looking back at the 1920's its hard for most to get past the Great Depression that would come in the next decade. But for most of the 1920's it was a time of real prosperity, and industrial advancement.
The early 1920's especially would see people's standard of living increase, and their financial wealth, due mainly to the stock market, rocket higher.
Only latter would come the dust bowl, and market crash.
The question the Street is currently asking is: are the 2020's following this century old model?
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David ReavillBy David Reavill

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