1929, 2000,2008
What does this chart tell us about the potential for a significant market correction based on history?
Even if we ignore all the negative economic data coming out of the #EU , #US ,#Ukraine , #China , #Japan and the emerging markets, the tensions building in the pacific between China and Japan.
https://thealbertan.com/2014/03/schiller-pe-ratio-is-25-5-only-3-times-its-been-higher-1929-20002008/
Not to mention, the unrest in Venezuela or the middle east (Egypt,Libya,Yemen,Qatar,Iraq,Afghanistan…)
This period of unrest on a global scale both politically and economically hasn’t been seen for approximately…..
(2014 – 1929)= 85 years