Re:I'm reading the FT and WSJ from 100 years ago each week l...
by VinLucero on Sunday August 08, 2021 @01:37PM
(#28108474)
@roaring20s I have read through all of your current Substack articles and would love to catch up on your own background and data sources. I think pre-computer data extraction powers the best ML insights.
I am working at a YC Fintech company exploring economic opportunity over time and think there are some deep relationships here around human psychology and markets.
The market sentiment in 1921 was very bad for stocks. In fact, a week ago in 1921, Andrew Mellon (Treasury Secretary) suggested retail investors avoid stocks. This was covered in my post last week.
Sentiment is going to flip around 1923-1924 (once we clear the 1920 top) and only strengthen into 1929.