Trump Hopes for 2024 Market Crash to Avoid Hoover Comparisons
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Donald Trump said he hopes the stock market crashes in 2024 if he's elected president to avoid being associated with a crash like Herbert Hoover in 1929.
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The odds of a 2024 stock market crash are below average according to State Street's "Froth Forecasts" which predict market crashes based on factors like past performance, volatility, and IPO activity.
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Crash probabilities are currently low across all market sectors, not just the overall market.
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Even without a major crash, a new bear market could still begin in 2024 with significant declines.
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There are bigger potential economic concerns in 2024 than the possibility of a major stock market crash happening.