🚨UPDATE🚨

One of my favorite things to do in 2007 was to correlate current prices/days to past major drawdowns in assets.

We’re currently most correlated to S&P 👉1937 (88%), 1973 (81%), & 1976 (78%).

It’s important bc previously, we experienced 4️⃣ historic market events across several different decades.

1913 - paradigm shift / Central Banks

1920s-40s - geopolitical issues & wars

1944 - new world monetary order

1960/70s - inflation/deflation

Life altering times but were spread across six decades.

💡 Today, the data confirms my view that what is “different” is that we are experiencing all 4️⃣ events in one decade, or in the past 5 years.