As Good as it Gets; Like 2000 With a TWIST
news.goldseek.com /By Gary Tanashian / 5 October 2017
With the Semiconductor sector below but hailing its all-time highs, a lot of images come to mind; chief among them the 1999-2000 stock market bubble…
In early 2013 we noted a progression that would go on to birth the current economic expansion and stock market boom (of course, I didn’t come close to envisioning the extent of the boom that followed). I’ve belabored it often since, but here’s the short version of the progression yet again…
Fiscal Cliff drama resolves into market relief after Q4 2012 and this occurs right around the time we noted that Semiconductor Fab equipment bookings were ramping up → which projected a ramp in the cyclical Semiconductor industry → which would lead general manufacturing → which projected broader economic firming → which projected improving employment → and with ISM currently booming and the Semi cycle in full swing, voila, we are still on that continuum.
Speaking of which, and considering I am not one for subtlety, here’s the Continuum again so you have a cartoon to consider while digesting the rest of this post.
The post As Good as it Gets; Like 2000 With a TWIST appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/10/05/as-good-as-it-gets-like-2000-with-a-twist/
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