Your "Crash 1" arrow points at 9/11, it should point at the preceding "crash/drop" if you are referencing the result of the Y2K liquidity pump...
Also, to bounce along the 25yr line would not factor in the world/emerging markets growth that was, during the 80s, did not nearly make up the % of world GDP as it does now. Of course, the US during those years were not laboring under a credit correction...
Not a good day to come out with this bullish prediction. I like Laszlo Birinyi , but I can't see how he can be so optimistic. Unemployment numbers are still very negative. Massive government debt levels. A weakening dollar. Government take-over of large sectors of the private economy. Increased regulation. Higher taxes. The Iranian nuclear threat. I could go on. I'm not sure why he's so bullish.
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Also, to bounce along the 25yr line would not factor in the world/emerging markets growth that was, during the 80s, did not nearly make up the % of world GDP as it does now. Of course, the US during those years were not laboring under a credit correction...