Is it just me, or does all this seem familiar? I’m talking about the bear market rally, the interest rate hikes causing banks to start crumbling, the whole mess the market is in right now.
Personally, it reminds me of the market in 07/08. It’s eerie how similar. I mean, it’s a different spark (the crypto bubble instead of a real estate bubble), but the market behavior is almost identical. Even Mad Money’s Jim Cramer saying ‘the banks are in great shape, and the stocks look like a value of a lifetime, buy the dip’ all sounds exactly the same, just different companies.
The market and its behavior, however, feel identical. Does anyone else feel this way, or is it just me?
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