On today's show, we talk to financial history expert, Scott Nations, about the United States's five most impactful crashes.
IN THIS EPISODE, YOU'LL LEARN:
- An in-depth analysis of the stock market crashes in 1907, 1929, 1987, 2008, and 2010.
- The similarities between the FED’s monetary policy in 1929 and today.
- How the stock market could decline by 22.6% in a single day in 1987.
- How the incentives for homeowners and investment bankers in 2008 destroyed the stock market.
- Why the next crash is going to look more like the flash crash in 2010 than any of the earlier crashes.
- Ask The Investors: How should I invest in sector ETFs?
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