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CHART OF THE DAY: 1929 VS 2009

31 July 2009 by Cullen Roche 0 Comments

David Rosenberg notes the 80% correlation between the 1929 rally and the 2009 rally.  Of course, I believe this is a unique event that will likely correlate closely to none of our past recessions, but it’s interesting to note nonetheless.

09vs29

A longer term chart:

image001

Cullen Roche

Cullen Roche

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