Could 2016 be a repeat (in worse) than 2008?
The situation in 2016 is much better than 2008. All the metrics are better and the FED is wide awake at the steering wheel.
So a mega crash is UNLIKELY, but not impossible.
At the moment the things to watch out are mainly
- If the news comes out that the US Banks are excessively exposed to US Energy Junk bonds.
- If one or more (apart Venezuela which nobody cares about) of energy sales dependent state collapses
- If the FED intervenes, but loses control of the situation
- The European immigration crisis deepens
- The Italian banks crisis becomes a new European crisis
So a 2008 style crash is unlikely – but not impossible. Eyes Wide Open.