Re: fed funds rate vs 10 year // Can you imagine Jay Gould and Jim Fiske
For the life of me i can't understand why we cant have another reset. for the last 20 years its become comon to have the bubbles busrt, things reset, and start anew. 50% market crash both times.
Repeating that only takes the dow to 13,500. That's still pretty close to its 2007 bubble top.
It's almost like everyon ( Gov included ) is so leveraged and or in debt that any repeat of the last 2 bear markets you cause a catastrophe for j4p and gov alike.
THe Nations debt was 10 trillion before the 2008 crash. Now we are over double that with Def of nearly a trillion to boot. Just one more reason why the market cannot be allowed to crash.
Perhaps this will be the longest top range market ever. I'll have to go look over the past 100 years. What was the record length of time the dow remained in a top range of 20% from its ATH. So far we're at 1.7 years. ( jan 2018 top ).
Whats the record?