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.
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.