Click to enlarge.
Since this is an illusion of prosperity blog, you can probably guess which "sure thing" seems more likely to me over the long term.
1. When the downward trend in blue failed, it failed to the downside.
2. We have fully recovered back to the trend in blue.
This is not investment advice.
Source Data:
St. Louis Fed: Custom Chart
When the downward trend in blue failed, it failed to the downside.
ReplyDeleteDon't you see what this means?
When the upward trend in red fails, it will no doubt fail to the upside!
I think it is important to make at least one attempt each year to win the...
Craziest F@#$ing Prediction of the Year Award
The odds have to be at least a million to one. Hahaha! Sigh.
I think it is important to make at least one attempt each year to win the...
ReplyDeleteHere goes.
The Fed will adopt a real median wage inflation target.
Oh wait, they already have such a target and we've been on track for forty years and counting. *sigh*
Damnit mab!
ReplyDeleteThe competition is fierce this year!
You are forcing me to make another attempt!!
Jeremy Siegel Will Advise Bonds in 2014 Due to Excessive Equity Valuation Concerns
Siegel! Oh, I see, the nuclear option. So much for détente!
ReplyDeleteExpect it when you least expect it. Cramer, Jim Rogers, Marc Faber, David Lereah, it's all in play now!
mab,
ReplyDeleteROFLMAO!!
In all seriousness, I was not rolling on the floor but if I had been drinking something it definitely would have come out my nose. Hahaha!
mab,
ReplyDeleteOh, I see, the nuclear option. So much for détente!
Eddie Lampert Will Win the 2014 Nobel Prize in Economics for Successfully Replacing the Sears Dividend Reinvestment Plan with a "Buy 3, Get 1 Free" Craftsman Tool of the Month Club
Shock and awe, baby. Shock and awe. ;)