Recently while enjoying a 4.5 mile walk on a trail nearby (Katy Trail) the financial wheels began to turn.
Just how many cranes are there on this walk?
At the turn around point, the camera was out and snapping away. Several people inquired, which led to a guess of just how many Cranes were in the sky …. 9 was the highest guess… NOPE!
Nerds… we know …if the shoe fits!
Dozen Cranes in 4.5 Miles
While there are only 9 cranes showing from the shots taken during the walk, this is only because we could not put all 12 on the photo app.
This stroll is a regular favorite. Two years ago there were only a couple of cranes in the sky. Not even noticeable.
Two years prior to that there were none. Noticeable due to the absence.
Economic cycles do not die of old age, thank goodness. But unless “This time is different!” …we are long in the tooth in this cycle.
Maybe we will get to 14….. 15 or even 20 … sure hope so !
Actions are different in early cycle recoveries than late …. Always keeping our guard up!
Have a Great “Nerd Observation” Day!
John A. Kvale CFA, CFP