John Authers, Columnist

The 1928 Rally Was Just Like This One

Herbert Hoover and Donald Trump are a tale of two great post-election surges in the stock market — which proves nothing.

November 12, 2024 at 5:38 AM UTC

Corrected

November 12, 2024 at 11:11 AM UTC

By John Authers

John Authers is a senior editor for markets and Bloomberg Opinion columnist. A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets.”

Ticker tape for Herbert Hoover.
Photographer: Bettmann/Bettmann

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