3 ms·

Markets are moving much faster but we’re still using the same scale on the x axis (time). We’ve seen a 4,000 point drop so far but if that occurred over a one y

Markets are moving much faster but we’re still using the same scale on the x axis (time). We’ve seen a 4,000 point drop so far but if that occurred over a one year period we would have called it a recession. However if the market recovers in the next few months we’ll interpret this as the continuation if a 10-year bull market.

danmaz74 8y ago
Recessions are base called based on economic output (GDP), not markets.
marketgod 8y ago
This was a healthy correction. I was expecting a bounce at $251 on $SPY but it went much lower. This is insanely healthy when we recover. Now we can have a 15-20 year bull run.