Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: rogermci® who wrote (90258)	9/9/2009 11:04:16 AM
From: Real Man	Read Replies (1) of 94695

Things are worse now than they were back then. Stocks did not break 1974 lows in the early 80-s, but they did drop a bundle in real terms due to inflation. I feel strongly that if we compare the current situation to that period, we are now somewhere in 1975, rather than 1982. But, as you said, the current macroeconomic backdrop is much different. I also think this bear probably should not be as lengthy as 1966-82 bear. So, we'll get another dip on resurging inflation a couple of years down the road and be over with it. -g-

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