Thursday, February 18, 2016

You Are Here

Tyler Durden's picture
It's definitely different this time...
The 2008 analog lines the current trajectory up with August 2008 right after Treasury Secretary Paulson told the world reassuringly that:
"Our economy has got very strong long-term fundamentals. And you know, your policy-makers and regulators here - we're very vigilant."
And we all know what happened next...

h/t @ChrisBrady12
Could never happen again?
Yeah you're probably right...

Charts: Bloomberg


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