How Much Further Will Markets Fall ? !!!
โพสต์แล้ว: จันทร์ ต.ค. 10, 2011 1:41 pm
The remarkable correlation between Japan's bear market, which began in 1990, and the US's, which began in 2000, continues. This chart shows the US since 1990 in green. In red, we have Japan since 1990, moved forward 11 years. Both are measured in US dollars so the unit of account is the same.
The green continues to follow the red. Japan has plotted the future for us. If we continue on this route – and the 'it-is-up-to-government-to-save-everyone' attitude of policy-makers is keeping us entrenched on it - this current bear phase is probably only 25% done in terms of duration and magnitude. What a horrible thought.