Elon Musk's Not-So-Long-Ago Prediction Of A 1929 Market Crash Falls Flat As S&P 500 Soars 50%, Defying Tesla CEO's Gloomy Outlook
Elon Musk's Not-So-Long-Ago Prediction Of A 1929 Market Crash Falls Flat As S&P 500 Soars 50%, Defying Tesla CEO's Gloomy Outlook
This ominous comparison to one of the darkest chapters in economic history came in response to a now-unavailable post by The S&P 500 has surged nearly 50% since Tesla Inc and SpaceX CEO Elon Musk drew parallels between the current market conditions and the infamous 1929 stock market crash.
標普500指數自特斯拉公司和spacex首席執行官埃隆·馬斯克將當前市場狀況與臭名昭著的1929年股市崩盤類比以來，已大幅上漲近50%。
What Happened: This remarkable rally, was highlighted by CNBC's Carl Quintanilla.
事件詳情：這一引人注目的漲勢受到了CNBC的卡爾·昆塔尼利亞的強調。
On Mar. 15, 2023, amid a flurry of bank failures that sent shockwaves through the financial sector, Musk tweeted, "Lot of current year similarities to 1929."
2023年3月15日，在一連串導致金融部門震盪的銀行倒閉中，馬斯克發推文稱：「許多當前年份與1929年相似之處。」
This ominous comparison to one of the darkest chapters in economic history came in response to a now-unavailable post by Ark Invest CEO Cathie Wood, known for her bullish stance on disruptive technologies.
這種對經濟史上最黑暗時期之一的不祥比較是針對現在無法查看的一篇由以看好破壞性技術而聞名的Ark首席執行官凱茜·伍德發的帖子。
Lot of current year similarities to 1929
— Elon Musk (@elonmusk) March 15, 2023
許多當前年份與1929年相似之處
— 埃隆·馬斯克(@elonmusk) 2023年3月15日
Musk's tweet coincided with the collapse of Silicon Valley Bank (SVB), Signature Bank, and Silvergate Capital, events that briefly paralyzed financial markets and evoked memories of the 2008 financial crisis.
馬斯克的推文恰逢硅谷銀行（SVB）、signature bank和silvergate capital的倒閉，這些事件曾一度令金融市場癱瘓，並勾起2008年金融危機的回憶。
The turmoil led to significant market value losses for banking giants like JPMorgan Chase and Bank of America, though they later rebounded following swift regulatory intervention.
這一動盪導致摩根大通和美國銀行等銀行巨頭遭受了重大市值損失，儘管它們在迅速的監管幹預後後來出現了回升。
Why It Matters: The 1929 reference was particularly chilling for those familiar with financial history. The stock market crash of that year, infamously known as Black Tuesday or the Great Crash, triggered the Great Depression, an economic catastrophe unparalleled in modern times.
爲什麼重要: 1929年的參考對於熟悉金融歷史的人來說尤爲令人悚然。那一年的股市崩盤，臭名昭著的黑色星期二或大蕭條，引發了現代歷史上前所未有的經濟災難。
During that fateful October, the Dow Jones Industrial Average plummeted 23% in just two days, setting the stage for a decade of economic hardship.
在那個命運多舛的十月，道瓊斯工業平均指數在短短兩天內暴跌了23%，爲十年的經濟困難搭建了舞臺。
While Musk didn't elaborate on the specific similarities he observed between 1929 and the current market, Wood had previously suggested that the rise of cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) had led to the first decline in bank deposit levels since the Roaring Twenties. The observation hinted at potential systemic risks lurking beneath the surface of the financial system.
儘管馬斯克沒有詳細說明他在1929年和當前市場之間觀察到的具體相似之處，伍德此前曾暗示，像比特幣（CRYPTO: BTC）和以太幣（CRYPTO: ETH）這樣的加密貨幣的興起導致了自狂熱的二十年代以來首次銀行存款水平的下降。這種觀察暗示着金融體系表面下潛在的系統性風險。
However, contrary to these gloomy forecasts, the S&P 500 has demonstrated remarkable resilience. According to data from Benzinga Pro, the index closed at 5,745.37 on Thursday, representing a staggering 47.62% increase from its level of 3,891.93 on the day of Musk's tweet.
然而，與這些令人沮喪的預測相反，標普500指數表現出了非凡的韌性。根據彭博社的數據，該指數週四收於5745.37點，比馬斯克發推文當天的3891.93點大幅增長了47.62%。
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Image Via Shutterstock
圖片來自Shutterstock。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：本內容部分使用人工智能工具生成，並經Benzinga編輯審核發佈。