Are we seeing a strange deja vu market? When looking back at the performance of many assets there are striking similarities between 2008 and 2009. Not only is everyone calling for a 4th quarter recovery (again), but the price action is looking disturbingly similar. Regular readers know I don’t ever like to point to one data point to come to conclusions, but it’s interesting to note nonetheless.
![Cullen Roche](https://pragcap.com/wp-content/uploads/2022/01/Headshot2022-1-144x144.png)
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
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