Article: Dash To Trash And Grab For Growth

Two interesting charts from James Montier’s excellent article.

The top chart shows that, as a group, economists cannot predict recessions.

This next chart shows what we have known from the VIX spike, photos from the trading floor, panicked headlines, panicked magazine covers and a panicked Fed: We are at an oversold sentiment level, a level from which rallies, even short-term ones, are often born (see my posts from last week: here and here).

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