We were having our weekly meeting the other day and this topic came up. I thought it was interesting.
Are we in the middle of a cycle? Or is this a full blown reset of current economy and the way we know it?
If the best advice is to invest in the valleys and troughs of a normal business cycle, wouldn’t buying at the bottom of the biggest trough in this generation’s history be even better?
I vote cycle... there is still commerce taking place. The last UP was abnormally high, so it is actually normal for the down to be abnorally low. Just my take! G
Hi Glenn, thanks for the reply. I was out on vacation last week, catching up this week so I haven't been on for a bit. I think when I posted this I was leaning toward re-set, not so sure now. Either way or whatever it's called, not sure things can get much lower.
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