Tuesday, 18 October 2011

The Best Is Yet To Come?

Greg McKenna posted a startling chart at Macrobusiness this morning which he has subsequently emailed to me and I've posted it below.

I found it a bit spooky in its tracking.

Its an overlay (white) of the current US Stockmarket, the SPX, over the market shenanigans in 2008 where the secular bear market became a plunge when Lehmann Bros filed for bankruptcy 15th September 2008 (upcoming Greek default? An Euro bank failure?). 2012 could be quite a year.

Greg's original post and analysis on his own blog is here.

You can follow (and I suggest you do) Greg's analysis and insights at: 

Web: www.lighthousesecurities.com.au

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