Why must CNBC show Barack Obama and John McCain's election sentiment results on airtime....arrgh! We don't care about Politics...We just care about Ben Bernanke and Henry M. Paulson! They should be the Presidents! Neways..let's talk about why you should start eating bread and drinking water for lunch and dinner. Breakfast skip. And the money go where?....show hand in the stock market loh. Portfolio allocation: 99.999% in stocks...0.0001% in Ezlink card! ( Ok exaggaratting and joking..). Let's look at history, shall we?
Based on the above data from the US government ( legitimate ok...dont pray pray), for the latest time horizon, from 1945 -2001, there were 10 cycles. The average duration from Peak to Trough is 10 months while the average Trough to Peak is 57 months. This is summarised by our cheap artist below:
This means that downturns are fast and furious and upturns are relatively slower. And what does this mean again...my friends... ( Darn Citigroup best man...their commercial has really captured our mind day and night...cannot get the words out of our head!!) But then again..this is unprecedented....yeah!
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