Wake Up! and laugh at this quote from from the September 1992 issue of Time Magazine.
"The US economy remains almost comatose. The slump already ranks as the longest period of sustained weakness since the Depression. The economy is staggering under many "structural" burdens, as opposed to familiar "cyclical" problems. The structural faults represent once-in-a-lifetime dislocations that will take years to work out. Among them: the job drought; the debt hangover; the banking collapse; the real estate depression; the health care cost explosion and the runaway federal deficit."
Does that sound about right? Did Time Magazine manage to cover all the bases? Or did it leave something out?
What happened next? The U.S. economy boomed for 16 years, without a single down year, until 2008.
If you ever wanted proof of the old saying "it's always darkest before the dawn," that quote from Time is it.
Market Data 
Markets 
AI
