I suspect the Road Map Ahead will look a good deal like 1999-2002. then the market made a final mad dash of 4,000 points to highs in the spring of 2000.
The markets now did make a final less ambitious dash to the top following the Trump election. But already indexes are hitting resistance. Transport and the RUT 2000 have not made new highs.
Auto sales are slowing as are brick and mortar sales.
Year 2000
17 Years ago the market was cagey, causing investors to think the rally would shortly resume. Instead if had a final fall of some 4,000 points from the Year 2000 high.
By 1998 all the gains had been erased.
The acrimony of the Trump Presidency opposed by the media and Dems will be enough to turn moods sour, and as noted some economic indicators are already slowing.
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