Harry Schultz is predicting a “V” shaped economy – we are currently in the downward leg with the bottom of the “V” around 2017 – his prediction allows for rallies of up to 1 year’s duration during this “V” period (just another piece of data – take it for what it’s worth)
~
“nominal prices”, “inflation adjusted”, “peak prices” – too confusing for my simple mind and, IMO, if you have to play these mental masturbation games you are trying to rationalize something that probably doesn’t make sense
