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Updated over 2 years ago on . Most recent reply

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Colin Falck
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Comparing '08 to '22

Colin Falck
Posted

So I've been trying to come up with a more overall outlook to try and guide my investments for the near future..

I understand the view that David shares on the podcast about how the demand is still strong and there have been safe guards put in place to help try and prevent another '08 crash and I agree, although I'm biased as I'm a general contractor and real estate investor.

My question that I cant seem to find an answer for is if there are any other indicators to watch that could be compared to '08 such as vacationing and frivolous spending. I understand that we have all just come out of a 30 (ish) month hibernation called Covid and we're all excited to get back to "normal" life which perhaps included vacationing, eating out and pampering ourselves which makes the comparisons very hard to compare... 

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