Dow Matches 15 Year Bull Run From Just Before Great Depression

The Dow Jones Industrial Average's recent trajectory is drawing unsettling parallels to the dramatic rise of the market leading up to the 1929 crash and the Great Depression.

From 1915 to 1929, fueled by wartime production and the exuberance of the Roaring Twenties, the Dow Jones soared by an astonishing 638%, climbing from 52 to 387. This period of rapid growth ultimately culminated in a devastating market collapse and a decade of economic hardship.

Similarly, since the depths of the Great Recession in 2009, the Dow Jones has experienced a staggering 592% increase, surging from 6,500 to over 45,000. This remarkable rally has been largely driven by Federal Reserve policies, including quantitative easing, massive government spending, and historically low interest rates.

The striking similarity between the current market's vertical ascent and the pre-Depression era boom raises a red flag for investors. While historical patterns don't guarantee future outcomes, the parallels are undeniable and warrant careful consideration.