Investors Beware: Largest Market Crash Since 1929 on the Horizon
Henrik Zeberg, an expert in macroeconomics, has expressed a concerning outlook for investors, warning of an impending market downturn unlike anything seen in the past century.
Zeberg recently shared a chart with his sizable Twitter following of 102,100 users that demonstrates how the National Association of Home Builders Housing Market Index (HMI) and the US unemployment rate have historically correlated with each other.
The similarities are scary!
EQUITY BLOW-OFF-TOP COMING
then
LARGER MARKET CRASH THAN 2007-09
(and in fact worst since 1929) pic.twitter.com/W0VncAv0kH— Henrik Zeberg (@HenrikZeberg) March 10, 2023
The HMI gauges the state of the American housing market by evaluating the current and projected sales of single-family homes.
Zeberg has observed striking similarities between the current state of the HMI and unemployment rate and those that existed just before the 2007 housing market collapse, which resulted in the Great Financial Crisis.
Zeberg has predicted that the impending housing market crash will coincide with a significant surge in the stock market.
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He believes that the recent collapse of Silicon Valley Bank (SVB) may be the catalyst for the predicted stock market rally.
#SVB is the catalyst for #FED #Powell to PAUSE!!
This at a time where the economy is not in #Recession
The market response will be an EXTREME RALLY TO ATHs before Recession sets in and@markets crash in largest Crash since 1929
Stay tuned at: https://t.co/X89WATQHEP
— Henrik Zeberg (@HenrikZeberg) March 11, 2023
According to Zeberg, the stock market will soar to all-time highs before the onset of a recession, which will trigger the largest market crash since 1929. He also anticipates that the US will enter a recession by the end of 2023.
Alexander Stefanov
Reporter at CoinsPress
Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
