@causecelebre quite right. Lost decades are not a pleasant thought. Everyone is cool calm and collected until they get repeatedly punched in the face during a lost decade.
Interestingly from a retirement perspective 1966 was the worst time to retire. The high inflation and bear markets of the 1970s made it worse than the 1929 and early 1930s collapses.
The recent lost decade from 2001 didn't make a dent in bog standard retirement portfolio allocations in terms of the success rate ie the money didn't run out. During those 10 years it would have felt horrible however and I bet it curbed spending terribly. I would have toned things down despite 6 simulations tellings me I didn't have to worry.
Yield curve inversion about to end ...good sign or ??
Japan is the source of trouble ...may lead to some Lehman belly up and then rates dropping even more ...soon the way its going ...Not seen Singapore index down 5% before ...why ? Just collateral damage or margin selling or world trade collapsing ??
All Markets are getting very messy indeed .. rate cuts coming soon to a Reserve Bank near you!!!
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
At the very least she is going to have to front up with a economic plan. If the US economy tanks, then she will have to denounce Biden's and the Dem's economic plan. GOP certainly will. She's already flip-flopped and become far more centrist. Will be interesting to see how she fares in an unscripted debate without a teleprompter. She is certainly the product of left main stream media. If it turns to custard in the middle east does she have the wherewithal to deal with a US public effectively divided on the issue. She will get the popular vote but has much to do to win the electoral college
Last edited by causecelebre; Yesterday at 11:29 PM.
The S&P is up nearly 100% since the Biden presidency. Sure there are some greedy piglets who think it should never go down or invest in hype like AI and get burned.. that's quite normal.
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