History repeats itself, BUT.... never in the same way , patterns of the past are good to review, but looking for the chart to unfold in the same manner is not a good idea IMO . We can look for similarities though , and one of those in a fundamental sense was clearly Greenspans warning to congress about " irrational exuberance " ( which went disregarded btw , until it could not ) , yellen just made a different warning, but she's been saying this same thing for s while , is there actually a wolf prowling the herd now ? Or , is it more false histrionics ? Either way , the more the fed warns and promises rate increases w less and less follow through, the more those words will be ignored .
I will say this is the biggest hike in CPI / PPI together in quite some time , so perhaps rate hikes come sooner rather than later. But, there's nothing that says the market won't just gobble that hike up and keep going
News 
Market Data 
Discover 
