Market Rally This Year. Really?
Stock markets in major economies has been performing very well year to date.
Dow Jones Industrial Average is up 3.93% year to date. The Nasdaq Composite Index is up 8.19% this year and the S&P 500 Index is up 9.14% year to date.
In other major economies, the FTSE 100 Index is up 2.61% while the DAX is up 9.14% this year. The Nikkei 225 Index is the best performer with a 17.89% gain. The only exceptions are Hong Kong and Singapore which has seen the stock market decline this year.
However…
Photo by Jongsun Lee on Unsplash
We are going to see a total solar eclipse on 8 April 2024 sweeping across the United States.
Solar eclipse especially total solar eclipse are bad omen and usually associate with bad events occurring between 1-5 months after eclipse.
The Wall Street Crash of 1929 occurred 5 months after total solar eclipse in May 1929....