Click to enlarge.
Although we seem very determined to make it to $1000, I'm going to have to go with bust on this one.
1. The blue trend line was a noble effort.
2. The orange trend line offered renewed hope.
3. The red trend line doubled our efforts.
Three attempts. Three exponential trend failures.
Despair.com: Incompetence
When you earnestly believe you can compensate for a lack of skill by doubling your efforts, there's no end to what you can't do.
I'm told that the economy will soon accelerate from here. If it is true, then I have just one question.
Which direction?
Seriously. At best, the answer seems worthy of a coin toss.
Source Data:
St. Louis Fed: Custom Chart
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