These are all the crises that have affected the American and global economy over the past decades
Wars
Assassinations
Oil crises
Double-digit inflation
Collapse of the Soviet Union
Dot-com bubble
September 11 attacks
2008 financial crisis
Debt crises, recession, bank collapses… etc.
Each of these events was enough to make investors believe that “this is the end” and that it’s a very logical reason to sell
But the paradox?
During the same period, the US market S&P 500 increased by about 100x after adjusting for inflation.
The picture does not diminish the severity of crises.
Instead, it places
View Original