Quote:
Originally Posted by CoachKandSportsguy
I guess you missed the OP on that specific topic:
"The best thing that could happen to Equities is a CRASH
because we can just move on. Quickly, like in March 2020.
But no!
This time you have to suffer:
You have to pay for 10 years of federal reserve / government excesses
And by the end of this bear market, you will be begging for a Crash."
- Marquis de Shrub
What this means is that if the market went down 1/2% per day, the down would be relentless, day after day, and the human brain would extrapolate this trend to zero. .
The 70s had this type of bear market, 2000-2003 was similar. . .
looks like maybe every 20-30 years we have a relentless bear market
trading guy
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I have one LITTLE disagreement. Many people believe that the FED "CONTROLS" the US economy. My meager self and many real US economists believe that the FED merely "nibbles" around the edges of the US economy. AND it certainly does NOT control the world economy. Now it IS true that many other world countries seem to pattern their prime rate similarly to the US - today Japan and China being the exceptions. Nevertheless, I still see that as merely other countries "nibbling" around the edges of their economies. As I mentioned in a prior post I believe that the US economy swims in a sea of the World Economy. The US and the US FED do NOT control that World Economy. World events and world psychology about future predictions of good or bad economies are in CONTROL, not the Fed.