8 ms·
imo in market cycle terms 20 years isn’t that long. especially since market paradigms shift. ie the last 20 years have been low interest rates, low inflation
by ffggvv 5y ago
imo in market cycle terms 20 years isn’t that long.
especially since market paradigms shift.
ie the last 20 years have been low interest rates, low inflation, with strong secular growth in tech and stagnation elsewhere, and globalization
this varies a lot from the 60s or 70s where there was massive inflation, high in interest, etc..
we may be entering a new paradigm with the changes in fiscal, monetary policy and globalism running its course