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Friday, November 18, 2022

Prime Rate -- November 18, 2022

Link sent to me by a reader

Forbes

November 2, 2022.

JPM numbers here.

Remember 1980? 


So far, no one is talking these numbers.

Dow



94% increase. Almost doubled. But look what happened after 1987. Fast forward to 2020. Note the "squeezing"of the y-axis in the 100-year graph above.


Again
, a reminder: Schwab's historical data suggests "we" have 550+ days of "cheap" stocks, starting from March, 2022. US investors are going to do just great. Bottom line: have a plan and stick to your plan.

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