Quote:
Originally Posted by Donatello.
Sadly, that is true. 
At some point, there will be corrections in all these markets here in the US. This COL is unsustainable. How much of a correction and when? Who knows. History says just wait. Those who choose to ignore history... |
What were the folks saying in the early 1980s after inflation had peaked, at a much higher level than the level at which it peaked last year?
From 1980-1990 the Dow delivered a 17% CAGR on a total return basis.
Unemployment had a 7-handle, on its way to 10%.
Is it worse now, or was it worse then?