Equal Time, a fractal image (1) by Valery Warren.
Before you think I’ve gone all bullish on you, let me present some thoughts from the great David Rosenberg, formerly of Merrill Lynch and now of Gluskin Sheff.
In short, as The Business Insider puts it his 2010 themes can be summed up as: “The Consumer Is Still Toast, Housing Is Down, And Everyone Is Delinquent On Everything”. In neat tabular form, courtesy of Zero Hedge, here are his views:
So, between this post, and our prior post we’ve presented two of the infinite views on 2010 that are out there. We like both of these guys. Wien missed the housing crisis but was spot on with last year. Rosenberg saw the iceberg and blew the horn but kept blowing it as we sailed past last year. Put it all in your pipe and take a big drag, see what you think.
You can page through a breakfast presentation of Rosenberg’s views courtesy of TBI here.
(1) Fractals are self-similar and repeating patterns. Ultra Fractal fractal art takes from the Mandelbrot Set, a selection known as Julia Dust for parameter iterations into these self-similar and repeating patterns.
Really interesting chart. But how in the Sam Hill are 88% bullish based on the rest of the data?
As for the fractal, I think the artist has already put much in her pipe and smoked it.