David Rosenberg notes the 80% correlation between the 1929 rally and the 2009 rally. Of course, I believe this is a unique event that will likely correlate closely to none of our past recessions, but it’s interesting to note nonetheless.
A longer term chart:
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.