From The Meltup Cometh | zero hedge. Sorry, a bit dated.
This chart looks extra-Doomy. Amazing overlap, right? There’s one problem: that bubble overlapped with our current rally is Japan’s reflection of the dot-com bubble. The dot-com bubble was fueled by new technology and massive job growth. Our current rally? Not so much. It would therefore be an amazing coincidence if our current rally continued without improvements to employment.
Still, kudos to the person who composed this. Doom!
