TXMC – Twitter, Released on 2/21/23
Not remotely a coincidence: the period from 1980 to 2000 when the US went from #1 creditor to #1 debtor was also the greatest two decade bull run in the history of American markets.
Below: S&P 500 monthly prices with a rolling 10yr % change. pic.twitter.com/VecQkbac4i
— 𝐓𝐗𝐌𝐂 (@TXMCtrades) February 21, 2023