If The Shoe FITZ

Are We There Yet?

The preferred analog for the equity market remains 2000 with 2007 a close 2nd. From a timeline perspective the 2000 analog is closer so for now I will refocus it that.
 
The chart below shows where we stand in terms of that analog suggesting
 
1. We are not there yet
2. We are getting close to a "Day of reckoning" OR to a point where the analog breaks down
 

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Tom Fitzpatrick

Tom Fitzpatrick

Tom Fitzpatrick, now the Managing Director of Global Market Insights at R.J. O'Brien, offers an impressive background. Originating from Ireland, his journey began at Chase Bank of Ireland, evolving through pivotal roles in foreign exchange (FX) at HSBC and Nedbank. His expertise expanded at Citibank in various global positions, culminating as Managing Director and Global Head of the CitiFXTechnicals product, delivering award-winning analysis across multiple asset classes.
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