Where is the S&P 500 going if it follows the path of 1929-1930

The current situation is completely unkown for modern times. There´s no one can predict what is going to happen with economy and financial markets. This is world pandemic, and after first wave there will be for 99,9% sure a second wave. The vaccine to show results must be at least 18 months, so do the math.
No doubt a second wave coming, thanks to Chumpie thinking only about his re-election and not people's lives. Talking of relaxing protective measures - which is actually the purview of the 50 states governors. What does he know, what does he care. Only that the Dow needs to go back up and preferably make ATH's till election day.
 
No doubt a second wave coming, thanks to Chumpie thinking only about his re-election and not people's lives. Talking of relaxing protective measures - which is actually the purview of the 50 states governors. What does he know, what does he care. Only that the Dow needs to go back up and preferably make ATH's till election day.
Oh the same guy who wisely shut down travel to China weeks early and was called a racist/xenophobe by the Left.
Can’t win with you TDS inflicted losers. Damned if he does damned if he doesn’t.
 
IMO, we are entering the lost decade or more. Boomer will die (thankfully) and the world will change. Grandpa’s stock picks, like oil have high floats and no buyers. As younger generations buy stocks, it has been proven time and time again that they are going green and away from old industries.

If we follow the past, laborers will have significantly more negotiating power over employers. Thus, the rich will lose power and money. Another potential effect, companies will be held accountable for their employees retirement and healthcare.

Right now, I’m hearing people say: Why should I work? I don’t trust my bank, I’m pulling money out -> similar to the 1930’s when people kept money in their beds or house walls.

These are exciting times and I hope society changes. People are being forced to homeschool their kids. I love it. Maybe America will develop family values again?
 
These are exciting times and I hope society changes. People are being forced to homeschool their kids. I love it. Maybe America will develop family values again?

My own family has seen a drastic improvement in kids happiness, to the upside. My son was already happy but he is now ecstatic homeschooling.
 
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