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Deja Vu All Over Again for the Stock Market Correction?

In remembering the late, great Yogi Berra, we can’t help but associate one of our all time favorite Berraisms with the current stock market environment as compared with that of late 2011. From our perspective it looks and feels like deja vu all over again. Most of our readers probably vividly remember the panic that ensued over the 2011 government shut down and the then large negative revision to US GDP that sent US stocks down nearly 20% in a waterfall type decline. From peak to trough that decline lasted 108 days with plenty of back and forth in between and several tests of the initial low (we’ve detailed all of the...


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