The Seven Year Glitch

Depending on who you believe the next financial cork-up will be presented to you courtesy of the high-yield bond market. Icahn, PIMCO, BoA/ML.... Take your pick.
 
There was no stock market crash in 2001 because of Twin Towers, it was the IT bubble in 2000


In fact Markets rally on wars as they spend a lot of money on producing firearms.


SP Chart 102612.png
 
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This 7 year cycle also misses out on other events

1998 Asian crisis, 2002 Emerging market crash, etc
 
Don't know if anybody watched the US markets open this afternoon, but HOLY %$#@^% it was wild!!!!
 
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