RE:RE:RE:RE:RE:RE:RE:Next week CPI and FED rate decision...The global economic halt that occurred in 2020 was the perfect catalyst to send us into a depresssion. Lessons learned from the poor fiscal policy of the 1930's, which prolonged the contraction at that time, prevented a return to that scenario during covid. And, with rates now back to 2000 era levels again it provides the ammunition to stave off a depression. A contraction of 10% and a bear market pullback of 20% are normal and healthy but I do not beilieve anything worse than 2020's -35% S&P decline is coming back.
scarface9 wrote: You're a lot more optimistic than me.
I think what's coming in the next couple of years will make the great depression look like the good ole days.