did we hit bottom? i just think based on history the big one is just on the horizon
That's what they said in '09![]()
True, but we've not had '08 yet.
(Well we did, in '08, but you know what I mean).
'Trade what you see' is one way of dealing with it - the other is to consider the current flow of economic data, all of which is showing the US is becoming quite late-cycle and the Fed does not have the monetary tools to deal with it as it never normalised policy after the GFC. That all strongly suggests more downside particularly when you take quite unforgiving equity valuations into account.
an example how to use a lot of words and say nothingThe gurus on Bloomberg and CNBC have not confirmed anything. so how can it be???? :-0![]()