Watch that high point, the 5% in 1955.
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| Monthly Frequency (FRED default) |
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| Annual Frequency, FRED Aggregation Type "Average" |
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| Annual Frequency, FRED Aggregation Type "End of Period" |
CNN, 9 January 2024, has Trump saying "I don’t want to be Herbert Hoover." CNN adds: "The US
stock market crashed during former President Herbert Hoover’s first year in office in 1929, which
signaled the beginning of the Great Depression." See my work on the Trump Depression
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