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This is the short-term panic-selling mentality my older relatives engaged in after 2008, and now they can't retire.
by ferdowsi 5y ago
This is the short-term panic-selling mentality my older relatives engaged in after 2008, and now they can't retire.
- candiddevmike 5y agoUnlike 2008, there are multiple existential threats against the current status quo of the market--labor unrests and progressive movements, rising inflation that must be reduced, a fed committing to raising interest rates, antitrust busting that could/should tear apart the top S&P companies, and uber drivers giving folks stock advice. Smells like a crash to me.