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Dow Jones 2020 vs. 1930 Today:
1. Stocks have higher multiples
2. The global economy is more leveraged
3. The central bank created this imbalance just like then



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Dow Jones 2020 vs. 1930 Today:
1. Stocks have higher multiples
2. The global economy is more leveraged
3. The central bank created this imbalance just like then