What Year is it? We think 2003-2005. (Dec. ’25)

What year is it? That’s a favorite question and parlor game among analysts looking for parallels to past pricing cycles. We understand its relevance and tackled the question in our December Briefing. Our view: 2003-2005 has strong parallels to 2025-2027e. Ask for our Briefing as part of a trial. Below we include the economic parallels which are surprisingly strong.