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"The stock market is not the economy" As a result of the 2008 crisis, the US Government / Fed started pumping money. The market bottomed out just before they s
by youeseh 6y ago
"The stock market is not the economy"
As a result of the 2008 crisis, the US Government / Fed started pumping money. The market bottomed out just before they started pumping money in March of 2009 and then started recovering.
Someone in June of 2009 would have experienced the same emotions that you're experiencing now because foreclosures continued to mount, maxing out in the second half of 2009 with a significant number of foreclosures occurring in 2010 as well.
I read somewhere that the economy didn't fully recover until 2015. By then, stocks were already quite expensive.
This is probably what has been driving many people to buy stocks now. That and being bored at home.