Sharing is Caring!
…a 40% decline in the S&P 500 would just take us back three years, to June 2019. Unwinding three years of gains is nothing. This happened many times before. And it’s no biggie.
By the time the S&P 500 bottomed out in March 2009, it had unwound all the gains since 1996. It had unwound 13 years of gains. The Nasdaq had also unwound 13 years of gains.
Just to give you a for-instance to think about: If the S&P 500 index drops 70% from the January high, which would be a huge massive drop, it would only wipe out the gains of the past 10 years. This is how crazy the stock price inflation had been over the past decade.
See also Deep State Predators Need to Terrify Everyone, Deep State globalists are afraid the world is waking up to the tyranny- optimistic outlook
wolfstreet.com/2022/06/09/dotcom-bust-2-new-improved/
Help Support Independent Media, Please
See also Everyone saying that the $SPY has bottomed… In what universe do these people live in…INFLATION IS STILL HIGH JUST LOOK AT WEEKLY GAS PRICES $VIX
Views: 6