A Tale of Two Stimulus - 09 Recovery vs 2020 Recovery

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Eerie identical rallies off the bottom of the housing & covid crash

Similar environment

Will history repeat?

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ملاحظة

in 2008 we had record money printing in response to a crisis
In 2020 we had record money printing in response to a crisis
3 years later in 2011 we had a debt ceiling crisis
3 years later in 2023 we have a debt ceiling crisis

2008 = 2020
2011 = 2023

Joe Biden was in office BOTH TIMES

Budget Control Act of 2023 Incoming