With the duration of the current bull market now the 4th longest in history, we thought it worth noting just how unusual this business cycle has been. As the following chart shows, the current ‘expansion’ has lasted longer than 80% of all the 33 previous NBER expansionary periods. Of course, given projections from Wall Street to the Fed, there will never be another recession (by decree) ever again…
But The Fed already broke a record in one thing…
This is the longest duration of “easing” on record…
(@Not_Jim_Cramer)
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via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/kaRT0IgAXEc/story01.htm Tyler Durden