Post by
mangoe on Aug 04, 2024 1:32pm
Covid fear/Recession fear the biggest destruction of 💲💰
Investors wealth, our over reaction to Covid & we have been predicting a recession since Covid & causing/creating massive share price destruction. How about letting the recession happen first before we over react to something that has not happened yet, which was supposed to happen according to the Stock Market expert a long time ago.
One more thing a lot of stocks are also immune from recession, a Tsunami destroy the cooling system in Japan a few years ago, that cause the nuclear reactors to overheat, nobody die from Nuclear Reactors overheating, many die from the water Tsunami, but fear of a nuclear accident destroy the last Uranium Bull market, & created a 10 years Uranium Bear market which contributed to a lot of Junior Stocks had to dilute their shares during this time period.
Imperfect Human Fear/Perception & not logic has been one of the greatest destruction of wealth in the Stock market.
Comment by
spurwing2 on Aug 04, 2024 3:27pm
This is spot on,mangoe.I have always said that no one died from the reactors over-heating.But the big bogey man became nuclear reactors and so uranium stocks was in the dog house for so long.
Comment by
mary2117 on Aug 05, 2024 6:13am
Covid is a real threat. My nephew has had it three times this year alone (I am not sure how many times total). He lives in New York which has a huge population, and he has young kids who bring home everything.