What Actually Happened to Stocks and Tariffs in the 1920s?

One of the great fear mongering talking points today is the aspect that tariffs caused the 1929 crash. I find this rather fascinating because if you take the time to look at the tariffs of the 1920s and the greatest bull market of our time, you will find the complete opposite.

Before I show you the charts, let me showcase a headline from Barron’s but do keep in mind this was a talking point on CNBC, Bloomberg, and more. Wow…

Now, let’s get to what actually happened:

And also this:

I could keep going.

But you get the idea.

The tariffs actually started in the early 1920s. And what followed was a massive, massive bull market.

Something to think about.

Written by Stefan Cheplick, a fintech builder and writer with experience at Stocktwits and TradingView. Background and published work.