A Chart To Ponder

I was looking at some charts this morning. This one of the NASDAQ got my attention.

nasdaq chart

You can see the wind we’ve had at our back since the financial crisis of 2008/2009. Seven years of good financial markets.

My career as a fund manager started in 1996. We had five years of good times followed by three years of bust. Then we had five years of good times followed by two tough ones. Now we’ve had seven years of good times.

I will leave it at that. Sorry to be a bummer this morning.