The S&P was around 105 for 14 years. That’s bonkers to me. I know it’s common knowledge, but when you watch the charts from the late 60s to the early 80s, it’s just crazy, and why I support Powell trying to break the economy to get inflation under control. Can you imagine the last 12 months of bear market and then finding out values don’t really start getting better until almost 2040? Bonkers.
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