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Click to enlarge.
All I'm trying to say is that there were probably better times in all of recorded history to swing for the fences.
Source Data:
FRB: Flow of Funds Accounts of the United States
Wednesday: Architecture Billings Index
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[image: Mortgage Rates] From Matthew Graham at Mortgage News Daily: Mortgage
Rates Unimpacted by New Executive Orders
Bonds were thus able to hold onto the...
4 hours ago
4 comments:
Amazing how fast it recovered in just 10 years. People really love their financial assets in the new century. It has a bubbly look, but what do I know? Maybe the ratio will hit 3.0 before it comes down again.
Mr Slippery,
I'd say we're due for a nice 1982 to 2000 style prosperity wave.
Did I say due? I didn't mean to imply that there was a debt owed.
100% optimism here. Yes, sir.
If by "due" you mean after a 3 year plummet that makes the 2008 recession look like a mere hiccup, then I agree with you. That's what your graph says to me, anyway.
Who Struck John,
Intractable hiccups - they persist for longer than one month.
I don't even know why I bring it up.
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