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I'm down like 40 something %
What'd you do? Go all in small cap value or something? REITs have bit us **********.
This reminds me of when I was in elementary school. I was always poor at math and I thought on this one particular math test I would get credit if I just wrote "approximately" before my numeric answers I would still get credit. I didn't.
There’s nothing wrong with that analysis aside, perhaps, from the implicit assumption that short-term market movements are rational.Mid March was probably the bottom
Fiscal deficits, plus no actual debt defaults (extend and pretend), means that M2 is exploding, and is only going to go higher
No immediate liquidity issues likely, given the fed is buying everything from the local banks and providing swap lines for every country
Of course, this is only in nominal terms
AKA like the day where a record 6.5m people filed for unemployment and the market went up?There’s nothing wrong with that analysis aside, perhaps, from the implicit assumption that short-term market movements are rational.