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Hmm. What else was going on around that time that might confound any conclusions? Also, a 'crash' that recovers in 90 days isn't much of a 'crash', but the fa
by CamperBob2 1y ago
Hmm. What else was going on around that time that might confound any conclusions?
Also, a 'crash' that recovers in 90 days isn't much of a 'crash', but the fact that people consider it a 'crash' is admittedly kind of scary.
- staticman2 1y agoNot sure where you got 90 days from. Turns out there's a Wikipedia article: https://en.m.wikipedia.org/wiki/2022_stock_market_decline https://en.m.wikipedia.org/wiki/2022_stock_market_decline Perhaps you would have preferred if I said "bear market" rather than crash. At any rate the first sentence of that Buffet article you hated didn't deserve your ire.
- CamperBob2 1y agoBear market, temporary downturn, whatever. It was not a "crash" by any sane definition of the word, and it had little or nothing to do with inflation. Otherwise we'd see the same correlation at other times when inflation has spiked.
- deleted 1y ago[deleted]