key difference is the 'i' word /imo
back then inflation was 1/2 what it is today
The inflation rate in 2007 was 2.85%. The inflation rate in 2008 was 3.84%
no clue where SPX is going, but Fed nowcast has hot MoM CPI tomorrow
could it be possible they fix the bank issues but keep rate pressure elevated, unless CPI comes in soft
going to be fun to see what's at the end of the rainbow! lol
All my posts are opinion only and shall not be perceived as investing advice, I am not a licensed financial advisor.