Don’t look now, but the comparison with 1929 is back. So today we’re throwing a pencil at it. Because while 1929 can never happen again, runaway inflation of asset prices not only can but there’s a fair case it has been underway since summer.
Of course, a few (obligatory) headlines and the preview of the week ahead. But even here, we’ll b e playing the “Event Linkage Game” and try to figure out a “most likely path” to get to next week’s winner and loser.
Oh, and we have more action evolving on the weather front, as well, so don’t blow off today’s report…
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