Quote:
Originally Posted by tipsyguam
maybe the OP is in serious cognitive decline like Quid Pro Joe?  |
They are probably just a young investor who has never experienced 1987, 2000, and 2008.
Newsflash: Equity markets do not like being grossly over-valued in the face of high interest rates, high inflation, cessation of QE and a faltering economy.
Just think- the crashes of 2000 and 2008 happened when interest rates were much higher and inflation much lower. Thus, the Fed could infuse massive amounts of cash (which they did) to "save" the economy. Now we have high inflation and the Fed is powerless to do anything.
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