Friday, 3 November 2017

Is it different this time?....................from Rico

Yawn, and the FOMC once again ended their useless monthly reading of the economic entrails. 
 
Meanwhile, the Dow's P/E ratio is 31-to-1.
 
This has only happened twice before. 1929 (think Great Depression) and 2000 (think dot.com bubble bursting).
 
B-bb-bbb-but it's different THIS time, right?

1 comment:

edutcher said...

Trump has also mentioned the coming correction, so I'm guessing he's gonna be ready when it hits.