This is just coincidence but I was reading a PDF that my Dad sent me and this interesting thing popped up. The crises of 1994 (Askin Capital,) 1987 (Black Monday,) 1998 (LTCM, Russia) and 2001 (tech bubble bursting) all happened at the very tail end of a tightening cycle or just before it was over. You add this to slowing housing, cooling consumer spending, and the yield curve inversion last year and you may have a case for a stock market selloff followed by a possible recession. It might be a good idea to hold cash and go on the defence coming into the normally weak September.
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