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2018-07-26

Why It Might Be A Good Time To Revisit Ray Dalio's 1937 Analog

The correlation between the S&P 500 over the past four years and the four years leading up to the 1937 top is roughly 94%. 

As I have suggested in the past, price analogs are not very valuable on their own but when the fundamentals also parallel closely they become far more interesting.


via zerohedge 26 July 2018

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