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China's Stock Market: Echoes of the 1929 Crash

You've heard the stories about the 1929 stock market crash, how investors should have figured out that, when taxi drivers and shoe-shine boys hawked stock tips, the end was near. The lesson we're supposed to have learned was that cheap margin - the debt that investors can use to finance stock purchases, when wielded by uneducated, blindly optimistic "plungers," can drive stocks up and up over a cliff into an abyss. Too bad the Chinese never got that memo. Here's what's really happening and what you can do to protect yourself and even profit from the fallout... Tags: China stock market , china stock market crash , China stock market sell-off , china's stock market , Chinese stock market , Chinese stock market crash , Chinese stock market sell-off , NYSE: DOG , NYSE: SDS , ProShares Short Dow30 , ProShares UltraShort S&P500 To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post China's Stock Market: Echoes of the 1929 Crash appeared first on Money Morning - We Make Investing Profitable .
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