Monday, 5 February 2018

This Time Was Never Different, It Was Just More Of The Same For Longer

The U.S. market (and many others) has been feeding on savings and thriving on confidence for a long time. The former is long gone, what happens when the latter vanishes will not be pretty - of which we perhaps received a warning today with the Dow down 4.60%.

Related: The 'CAPE To Saving Rate' Ratio Signals A Terrible 2018 For U.S. Stocks

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