2 ms·
> with the dow jones industrial average falling 3000 points over the last month There is a difference between a recession and a stock market correction. We've
by dntbnmpls 7y ago
> with the dow jones industrial average falling 3000 points over the last month
There is a difference between a recession and a stock market correction. We've already had a couple of stock market corrections during our 11 year bull run. The last one being in 2018.
https://en.wikipedia.org/wiki/List_of_stock_market_crashes_and_bear_markets https://en.wikipedia.org/wiki/List_of_stock_market_crashes_a...
> and oil pricess falling steeply.
We've had a couple of steep oil price drops during our 11 year bull run.
https://www.macrotrends.net/1369/crude-oil-price-history-chart https://www.macrotrends.net/1369/crude-oil-price-history-cha...
> does it?
It's an election year with interest rates declining and strong employment numbers? No. I don't so. But we'll know for sure in a few months.
If anything, the low interest rates and low oil prices usually mean economic growth. Considering coronavirus curtailed consumption in Q1, I suspect we'll be seeing record economic growth in the 3rd and 4th quarters as consumption and economic activity from Q1 is shifted to the future.