Jesse's Café Américain

“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. For the traitor appears not a traitor; he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague.” Marcus Tullius Cicero

Showing posts with label crash of 1987. Show all posts
Showing posts with label crash of 1987. Show all posts
20 October 2019

Comparison of the Equity Market with the Crashes of 1929 and 1987

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"Life is a school of probability." Walter Bagehot Obviously while they are some similarities, it will take a high volume ...
24 November 2018

Update on the Comparison with Prior Notable Declines

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The next few weeks will be interesting. This is just the Dow Industrial Average, such as it is today. By 'such as it is' I mea...
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