Are you familiar with whether or not there is research indicating if economic markets generally resemble past markets under similar circumstances? I.e., if we compare our current market against 1987 or 1929, and it does or does not look similar, is that likely to provide predictive information?
Are you familiar with whether or not there is research indicating if economic markets generally resemble past markets under similar circumstances? I.e., if we compare our current market against 1987 or 1929, and it does or does not look similar, is that likely to provide predictive information?
ReplyDeleteyes i have looked and there are credit conditions similar between now and 1987, i will try to write about this in the next couple days.
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