Our macro model says there is much more to play out before we hit the depth of the current recession.

Check out the story of how Crescat survived the market melt-up of late 2019 early 2020 to capitalize YTD.

Our latest investor letter:https://t.co/5MsiUngCH3

Our macro model says there is much more to play out before we hit the depth of the current recession. pic.twitter.com/powQH0RKEo

— Kevin C. Smith, CFA (@crescatkevin) March 25, 2020

Dow Industrials 1929 analog — day 2 of rally
Day 1 = 10/30/1929 = 12.34% …. 3/24/2020 = 11.36%
Day 2 = 10/31/1929 = 5.82% …. 3/25/2020 = 2.39% pic.twitter.com/CJbRPztJKp

— Nautilus Research (@NautilusCap) March 25, 2020

https://twitter.com/LordPolemos/status/1242915667914842112