Out of the Rafters at the Q
Out of the Rafters
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Eh, I'm counting last Wednesday as a starting point, so about to begin week 2. But again, I have absolutely nothing to back any of this up and it's completely arbitrary.do you consider that we are on week 2?
also I have been trying to pick a financial advisor lately and the 1 told me that after every recession (or major drop) the stock market has always recovered within 36 months, and most of the time its a lot faster than that. Something to keep in mind
I think the average time to recover from a recession is WAY shorter than 3 years. Typically that's closer to the recession cycle. I think this past 10-year stretch without a recession is an abnormality, so who knows. Maybe it's going to take us longer to come out of because of it? Not being able to drop interest rates because we never bothered to bring them back up is going to hurt.