Stock Market Boom Quotes

During the 1990s, San Francisco lived through one of the most intense economic booms of its history.

1920 was an auspicious year for a young person to enter the world as an American citizen.

The Roaring Twenties were the period of that Great American Prosperity which was built on shaky foundations.

As the Nasdaq soared in 1999 and early 2000, demand for many offerings far exceeded the supply of shares available at the initial offering price.

The only time I would like to see was the 20s and 30s in America because I love the music and the style and the optimism, I wanted to see New York being built. I wanted to see all that, you know.

I see no reason why 1931 should not be an extremely good year.

I can find only one bull market, in 1935, that didn't have some material indigestion within its first 12 months.

Nothing did more to spur the boom in stocks than the decision made by the New York Federal Reserve bank, in the spring of 1927, to cut the rediscount rate. Benjamin Strong, Governor of the bank, was chief advocate of this unwise measure, which was taken largely at the behest of Montagu Norman of the Bank of England....At the time of the Banks action I warned of its consequences....I felt that sooner or later the market had to break.

In history, the evidence is overwhelming: Stock market bottoms happen, and then stocks jolt upwards while the economy keeps getting worse - sometimes by a lot and for a long time.

More investment trusts securities were offered in September of 1929 even than in August - the total was above $600 million. However, the nearly simultaneous promotion of Shenandoah and Blue Ridge was to stand as the pinnacle of new era finance. It is difficult not to marvel at the imagination which was implicit in this gargantuan insanity. If there must be madness something may be said for having it on a heroic scale.

Under Bill Clinton we had a roaring economy that looked really good.

As a bull market continues, almost anything you buy goes up. It makes you feel that investing in stocks is a very easy and safe and that you're a financial genius.

Everyone thinks of the roaring twenties and associates it with decadence and flappers, female sexual liberation, the freedom of women to express themselves, the beginning of feminism. But it was also a time of huge, huge change.