Atlas Asset Management
Commentary
Are we celebrating the Christmas eve of 2007 or 2004?
by Josh Wong of Atlas Asset Management,
It’s been seven years since the last great financial crisis in 2008. For those of us who remembered, 2007 was going nowhere, being at the tail-end of a bull market cycle. It had its own mini-crash in Aug (down over 9%), quickly rallied back up to break new highs (barely), before plunging 10% again in Nov. It finally ended the year up 3.5% (sounds familiar?).