Hi James, as always, this is an excellent data an analysis. I never miss reading your updates. I'd like to propose two things - [1] since we are not in a 1929 depression, and since this is a one-time impulse to the markets, we should expect a rebound in a few(?) weeks, and [2] it seems that since the election, the S&P has been flat to down and very volatile, and this is (very big) down-spike is part of the down trend. So therefore I think its not the beginning of another 2008. Just my 2c.
Dave, thanks for the kind words. You may be right. I certainly hope you’re right. But the path ahead is highly dependent on Trump’s upcoming decisions, or lack thereof. In short, I’m not confident how this plays out from here. It is, to put it mildly, an unusual situation
Hi James, as always, this is an excellent data an analysis. I never miss reading your updates. I'd like to propose two things - [1] since we are not in a 1929 depression, and since this is a one-time impulse to the markets, we should expect a rebound in a few(?) weeks, and [2] it seems that since the election, the S&P has been flat to down and very volatile, and this is (very big) down-spike is part of the down trend. So therefore I think its not the beginning of another 2008. Just my 2c.
Dave, thanks for the kind words. You may be right. I certainly hope you’re right. But the path ahead is highly dependent on Trump’s upcoming decisions, or lack thereof. In short, I’m not confident how this plays out from here. It is, to put it mildly, an unusual situation