Below is the link to a piece I wrote in March of 2010. The full title of that post is The Whack-a-Mole Recovery or Good News is Bad New Until the Good News Really is Good News. I do have a way with words, don’t I?
The reason I chose that post for this little experiment is because that’s where the dart hit the board. No, not really, I am not allowed to have pointed objects anymore. I chose it because it shows how the same themes show up over and over. Nine years is, apparently, not enough time for us to move on to something new. Its like no time has elapsed. We are saying the same things over and over!
Back then we were worried that the Fed would drive up interest rates and hurt the economy. Back then we were worried that the economy would not sustain a recovery. Back then we were very worried about dis-functional government and a large government debt.
And so on. But I don’t want to steal the whole show here.
Just take out your bottle of JD and slowly pour it over a huge ice cube into your favorite whisky glass. Enjoy.