Or....different this time????
I have been beating the drum (Ad Naseum) about my three roadmaps of 1990, 2000 and 2007.
1990 is about Japan and will not be covered here.
2000 is about the Equity Market/ the economy/Fed policy and the Dot Com bubble
2007 covers the GFC and the path of the bond market (2-year yield in particular) with a feedback to the Equity market
No period is identical- it never is....but there are a lot of similarities in the backdrops and in price action.
The chart below of the S&P shows the present price action (compared to the prior 2 periods) and what happened next in those periods
