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SeattleVet

(5,939 posts)

7. The stock market also rose to unprecedented highs right after the 1928 election...

Reply to Yavin4 (Original post)

Wed Dec 28, 2016, 04:47 PM

Dec 2016

when the GOP tok control of the House, Senate, and White House.

That lasted almost a year, until October 29, 1929. Also known as 'Black Friday' it was the beginning of the crash that marked the US's entry into the worldwide Great Depression.

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Why the markets have jumped since the election [View all] Yavin4 Dec 2016 OP

i think the markets are responding to a better economy. unblock Dec 2016 #1

That's right. yallerdawg Dec 2016 #2

Trump will deregulate everything. Blue Shoes Dec 2016 #3

And a major economic collapse along with another bailout Yavin4 Dec 2016 #4

I'm sure they'll manage to blame the poor somewhere along the way as well. nt Blue Shoes Dec 2016 #6

Your time frame of years is incorrect... pbmus Dec 2016 #5

The stock market also rose to unprecedented highs right after the 1928 election... SeattleVet Dec 2016 #7

Nothing to do with hedge funds TheHak Dec 2016 #8

The rich give their tax cuts to the hedge funds to gambl...uh...speculate Yavin4 Dec 2016 #11

salivating about those MFM008 Dec 2016 #9

This is a false bump. smirkymonkey Dec 2016 #10

I will be cashing in my 401K AwakeAtLast Dec 2016 #12