A long Bull Market, a sharp correction and then an impressive recovery. That may sound like current market price action, but it is actually what we saw in 2008, right before the “big one.”
The pattern is eerily similar. Will we see it again? There is no way to predict perfectly, but the conditions are very similar and I think we need to be prepared.
Check out the latest analysis and update:
What do you think? Am I a pessimist or a realist? I welcome your comments.