Man Successfully Predicts The Total Market Collapse with One Indicator
Financial history has a sarcastic way of repeating itself.
“He may be president, but he still comes home and swipes my socks.
“ — Joseph P. Kennedy
Before JFK’s and Robert’s public assassinations shook the core of American lives, Joseph Kennedy made a name for himself. He became the Columbia Trust Bank president at the age of 25 and disrupted the film industry with profitable b-rated movies. Then came Wall Street, where Joe pulled one of the fascinating trading maneuvers in the history of financial markets.
Joseph Kennedy’s story is relevant today, as Dow-Jones Index holds the all-time high prices amid the global health crisis, economic recession, and political tension.
Everyone seems to be in the business of trading stocks.
The Wall Street Crash of 1929
The Great Crash triggered the worst economic period in modern history, accounting for 10,000 suicides, 9,000 failed banks, and leading to the Great Depression and the Second World War.
