...Doomed To Repeat It?

Here's a graph of the S&P for the last two years:

This is the S&P between 1929-1930:

This is what happened after 1930:

I'm not predicting anything, but those graphs are a bit chilling to see how the economy just deflated after the "Roaring 20's". I certainly hope we aren't headed that way, but my friend Matt sent me those graphs a few months ago and I thought they were very interesting. Only time will tell how the next three years go.

Plus the S&P has risen in recent months. Who knows what will happen.