We all know that the sequel is rarely as good as the original. And when the original was bad...

Mike Maharrey has argued that current dynamics in the markets and the economy look a lot like they did in the years just before the 2008 financial crisis.

He's not alone.

JPMorgan CEO Jamie Dimon recently made the same argument.

In this episode of the Midweek Memo, Mike highlights the parallels between then and now in light of Dimon's analysis. He also covers the current dynamics in the platinum market.