Otavio (Tavi) Costa on LinkedIn: Although we all know markets don’t tend to perfectly follow these trading… | 13 comments
Although we all know markets don’t tend to perfectly follow these trading analogs, the chart below gives us a valuable historical context to the recent run-up… | 13 comments on LinkedIn
"Although we all know markets don’t tend to perfectly follow these trading analogs, the chart below gives us a valuable historical context to the recent run-up in US stocks.
The correlation says it all.
It is remarkable the eerie similarities between today’s environment and the period that led to the Great Depression.
H/t to Nathaniel Gilbert and Kevin C. Smith, CFA"
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