> Things said in 2004 and 2005 definitely bubbled up to the top after Lehman’s collapsed in ‘08 as “correct predictions of the coming financial crisis.” Also k

> Things said in 2004 and 2005 definitely bubbled up to the top after Lehman’s collapsed in ‘08 as “correct predictions of the coming financial crisis.” Also known as a broken clock is right at least twice a day. Vanguard is doing the same thing here by saying sometime in the next 2 years the economy will start doing worse. They'll be right eventually. > If you went to a cash position the day after Trump was elected you seem like a fool today. You can wake up a financial genius tomorrow. Many people were expecting another market downturn at around the time Trump was elected - not because of Trump but because it was 8 years since the last one. The market rallied instead and now Trump has a buffer. The market today could fall by as much as it did in 2008, and it would still be at about the same level as it was when Trump was elected.