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« An ATI Downgrade Worth Noting | Main | The Yield Curve »


It is not different this time. Your comparison should not be to 1999 when we had a strong dollar, productivity driven boom. It should be compared to prior cycles which were weak dollar, asset driven inflationary booms.

To see these cycle analogies, you need to go back in history using intermarket analysis for correlaries. Economics in 1999 have no correlation to today. Follow the bouncing ball. A bust in commodities will come. History may not repeat itself, but it sure does rhyme. - Twain.

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