1a) The image above (except for my comments) came from Mary Meeker’s “Economy + Internet Trends” report (PDF). It’s is pretty much the same stuff her and her interns have been pumping out since the ’90s. Check it out for a regurgitation and updating of conventional “wisdom.”
1b) Comparing Rallies: 2009 vs. 1974-75 vs. 1938-39: Click to view.
2) Now on to the fun stuff: Chuck Norris on the downturn (finance humor):
- Chuck Norris has killed black swans with his bare hands.
- Chuck Norris rubs the VIX into his chest.
- Chuck Norris continues to short the Aussie market.