Another look at this cycle and how it compares to prior ones. Most people are expecting that the declining returns will continue, to put this cycle (orange) below last cycle (purple).
I donβt think so.
I expect this cycle to be above purple, closer to green. A lot depends on the size of the SBR. I also expect this cycle to look like blue, with two (or more) peaks. This cycle is shaping up to be a lot more volatile than purple (both up and down). HODL - hold on for dear life β¦
