Click to enlarge.
What pessimists see:
1. We're in a long-term linear trend channel heading to zero.
2. We're at the top of the trend channel again (last seen in 2006:Q1 and 2000:Q1).
What optimists see:
3. Yes, but net worth can't fall below zero. The downward trend is therefore guaranteed to fail someday!
It's nice to see both camps in complete agreement here, lol. Sigh.
See Also:
Sarcasm Disclaimer
Source Data:
St. Louis Fed: Custom Chart
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