Animal Spirits of October 1929

Deja Vu!

Maybe these are human spirits and they were always human spirits all along – more excited than animals when it comes to buying euphoria and greed!!

This is a piece of uncanny front-page news. And there are eerie similarities!

– Spirits soaring in the Nasdaq now with the index crossing record 10,500 today

– Wall Street analysts upping market targets and price targets on tech stocks like this is a Brave New World and Covid-19 is nowhere to be seen

– Easy credit from the Fed that is happy about delaying the catastrophe to the 1930s.

– Notice President Herbert Hoover promising an Airplane in every garage by 1935!

What is different now?

We also have a pandemic on top of a bloated tech stock market…….

The almost striking similarity to 1929… What next?!

The only saving grace is that we don’t have the Gold Standard, which is a big relief!

Read More: Michael Dell may financial engineer his company stocks… again!!

 

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Valtitude / Demand Planning LLC provides services in Demand Planning, S&OP, Sales Forecasting, and Supply Chain Optimization.

Valtitude was founded by ex-Gillette/P&G Senior Managers in 2004 as Demand Planning Net. Our primary focus initially was to help companies with implementing process and strategy for Demand Planning and Sales and Operations Planning.  Over the years, the company has helped many Fortune 500 companies and SMB businesses with a variety of projects in the end-to-end supply chain transformation.

We have helped a variety of businesses across industry verticals to improve their planning process and create value through SCM analytics and diagnostics, process re-design, solutions implementation, and customized on-site training.

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Our consulting expertise includes Corporate Finance, Operations Forecasting & Planning, Strategic Forecasting, Financial Planning & Budgeting, Inventory Optimization, Production Planning, and Scheduling.

Through our unique diagnostics methodology, we help clients understand their specific business and organizational drivers that inhibit the formation of a holistic Demand and Supply Management process. More recent work has included transforming the business processes with re-engineering technology implementations.  We also undertake full-scale System Integrations with our affiliate companies.

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Founded in 2004, the company is headquartered in Boston and has offices in India, China, and the UK.

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