R.I.P. Cycle 24

Conditions this summer remind me of the two years centered on 2008 where even 20M barely opened. The good news? This seems to be hitting sooner than anticipated. We might even get lucky and get a fast turnaround to the start of Cycle 25. I’ve seen some early prognostication that Cycle 25 will be the same as Cycle 24, which is an improvement over…