(Harvest) For seasoned financial market professionals, the last few years have been a bit like the iconic 1993 movie Groundhog Day: similar patterns seemingly repeating themselves over and over again.
In that movie, Bill Murray’s character Phil learned from each repetition of Groundhog Day and eventually won the hand of his love interest, Rita (played by Andie MacDowell). I’m not sure that markets have been so successful in taking on the lessons of their own repeated experiences.