Courtesy of Yardeni.com |
The red trend lines and the question mark were added to this chart.
Note the years where the red trend lines were broken and then bottomed.
Have to comment on the bottom of the first blue line in 1974 even though there was not enough data here to show where the red trend line would have been broken. An important low.
Then 1981-82, 1987, 1999-2000, 2007.
Now it is staring us in the face again. Not a question of "if it will happen", but, "when it will happen".
Thank you to Ed Yardeni for this wonderful chart!
This
has been posted for Educational Purposes Only. Do your own work and
consult with Professionals before making any investment decisions.
Past performance is not indicative of future results.
Past performance is not indicative of future results.
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