Keep it Simple…2 + 2 = 4

History Doesn’t Repeat, but It Often Rhymes


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Nature and markets tend to have repeatable cycles. In both, however, it is almost never exactly the same. If history is a guide and Mark Twain’s quote is right, the next 10+ years will look very different than the last 14 or so. Typically what led in the prior cycle, tends to underperform in the next…and vice versa. If this next cycle rhymes with 1968 - 1982 or 2000 - 2009, where should investors focus to prepare for this?
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Keep it Simple…2 + 2 = 4By UBS advisor podcasts