From 1945 to 2008
#recession there have been 11 periods of #economic expansion, lasting an AVG of 59 MOS. 2 expansions longer than current, Feb 1961-Dec 1969 = 106 mos & Mar 1991-Mar 2001 = 120 mos June 2009-current = 105 mos Why does everyone “think it’s different this time?”
Chart: Citi Economic Surprise Index for the euro area hits the lowest level since the Eurozone crisis – pic.twitter.com/ea7E2xYcbm
— (((The Daily Shot))) (@SoberLook) April 10, 2018
No room to stimulate when the cycle rolls over. Its been pedal to the metal since the 2012 crisis, so the next will be extra brutal.