History Doesn’t Repeat Itself, But It Often Rhymes | Alfonso Peccatiello

On today's edition of "Boiler Room," Alfonso Peccatiello walks through his most recent article on The Macro Compass titled “Wait: Is It 2001 Again?!”

This week, Alfonso draws parallels between the 2000 - 2001 period by looking at inflation, equities & bond market performance. As markets have caught many investors off guard this year, it’s important to look back throughout history to inform asset allocation. As Mark Twain famously said “History doesn’t repeat itself, but it often rhymes”. Just how similar is the 2000 - 2001 period compared to today? To find out, you’ll have to tune in!
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Referenced In The Show:
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Timestamps:
00:00 Introduction
02:45 Refreshing The Macro Framework
07:16 The Monetary Policy Stance Remains VERY TIGHT
10:06 The Powell Credibility Indicator
11:06 Early 2001 Is Here, Again!
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Disclaimer: Nothing discussed on Boiler Room should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

[andrevdmerwe]

Your generosity and complexity/depth of coverage is unheard of, socially unpracticed and very rare. Thank you.

[timothyvandermeer]

Eminem doesn't repeat himself but he often rhymes

[thetdchannel]

My vocabulary and understanding the [coded] speak of the financial clan has certainly improved!

[mikedurkin]

On January 3, 2001 the Fed pivoted from 6.5 percent to 6.0 percent. It took 13 rate decreases to get to 1.00 on June 25, 2003. On Sept 18, 2007 the fed pivoted from 5.25 to 4.75 percent. It took 10 decreases to get to 0.25 on Dec 16, 2008. Just because the Fed makes a pivot does not mean it is a bottom in the stock market, clearly.

[WhoCares..]

Unlike those CNBC guys, Elf truly knows his stuffs very well!

[davidbrandon]

Thanks for your insight! I appreciate your videos.

[AnonymousanonymousA]

Was there a market correction in 2001?

[tsiwt]

I subscribe to this channel for the other guy . More of him thx

[teakaymania]

Buuuut.. What happened after March '01 in terms of asset class performance and macro-indicators?

[hadore]

Not to mention the sheer amount of shitcoins paralleling the insane prices of domain names of that time.

[noyb]

itself and it are both redundant words in your title. history doesn't repeat, but often rhymes. there, you're welcome.

[zdrux]

Sorry, bonds are done. Nobody should be buying these at all.

[Galaxie]

2001 was the start of a XAUUSD Bullrun. $270 to $1900¿
Confirmation bias. Tick. Cheers.

[teakaymania]

This makes the most sense out of any analysis I've seen. Alph, you are the man!

[Lee-inng]

Very compelling. Thanks for all your effort King!

[kvinanaka]

Your substack podcast and article was tremendously helpful in contextualising the now and framing the probable path forward. Grazie mille

[jasperknight]

Great video. It should be taken into account though that 2000 was the Dotcom Boom not the S&P Boom. 2020-2021 has been the Everything Boom.

[georgemoller]

Love your historical perspective and actionable ideas.

[RInho-oxsw]

Thought you mean Dr. Dres album 2001, classic, should check it out.

[Reutzel]

What's with the random 2x4s on the ceiling?