GREY:XEBEQ - Post by User
Comment by
tony08on Jul 14, 2022 11:28am
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Post# 34824228
RE:Stop quibbling back and forth
RE:Stop quibbling back and forthtamaracktop wrote: Here are 4 simple words to wrap your heads around
Its a bear market.
I get the impression some of you are too green to have ever seen one.
The February 2020 bear market at the onset of Covid didn't really count.
It was the shortest bear market in history.
Today's economic crisis is unlike any other I have experienced.
In the early 1980s, when inflation and interest rates soared, there was recession and unemployment. Today, there is no unemployment but rather a lack of employees to fill all the jobs offered...
In addition to the 1987 crash, there was the tech bubble in 1999, the banking crisis in 2008, but nothing like today's crisis.
I'm curious to know how long this bear market will last.