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We all knew that parabolic trends were never sustainable in the first place. This is all perfectly natural. There is nothing to see here. Please disperse.
Source Data:
St. Louis Fed: College Graduate Unemployment Rate
Monday Night Futures
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Tuesday:
• No major economic releases scheduled.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 32 and DOW
futures are up 225 (fair value).
4 hours ago
2 comments:
Great to see a new parabolic trend failure. Thanks!
Fred
Hey Fred!
Parabolic trend failures are, of course, an acquired taste. Not everyone would feel as you do, like say, unemployed college graduates aged 25+, lol. Sigh.
Gallows humor. My girlfriend is unemployed. She's a college graduate. D'oh!
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