The following chart shows household net worth divided by GDP with two starting points. The first is the 3rd quarter of 2003 and the second is the 3rd quarter of 2011 (exactly 8 years later to line up well with presidential elections and what not).
Click to enlarge.
I have a really good feeling about this! We don't yet have the data for the 4th quarter of 2015 and for the first quarter of 2016, but have no fear. I have projected it forward using the permanently high plateau technique first made famous in 1929! What's the worst that could happen?
There has never been a better time to lock in that permanently high plateau! Buy now or be priced out forever!
This is not investment advice. It's just the sarcastic opinion of a risk-averse retired saver who is skeptical that the future is so bright that he's gotta wear shades. That's all.
As a side note, don't expect more charts any time soon. This one has been on my mind for months and the lousy "sure thing" stock market performance so far this year made it irresistible, lol. Sigh.
Source Data:
St. Louis Fed: Custom Chart
Realtor.com Reports Active Inventory Up 27.6% YoY
-
*What this means:* On a weekly basis, Realtor.com reports the
year-over-year change in active inventory and new listings. On a monthly
basis, they report t...
2 hours ago
2 comments:
The flash from the future crash is so bright, you gotta wear shades.
Who Struck John,
One person's flash from the future crash is just a wolf of Wall Street's future flash crash! Gotta wereshades! Lycanthropy for the win!
Post a Comment