Reply to How will the stock market crash impact the elections?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It's not a "recession" or a "crash" - and take a look at history of other recent corrections in the market

[twitter]https://x.com/dumbassgenius/status/1820346260882391047[/twitter][/quote]

What an idiotic post.  Nearly all of those drops in that list were rescued by massive Fed QE and multiple trillion dollar stimulus packages from the federal govt to save the economy from COVID.  This is completely different as rate hikes to combat inflation are finally starting to dampen the economy.  There is also currency contagion spreading across the globe as the Bank of Japan has rapidly appreciated the yen vs the dollar in a matter of a week.  The bubble is being deflated now.  No multiple trillion dollar stimi packages are going to come to the rescue this time.[/quote]

What's idiotic is pretending this is the worst thing to hit the stock market in our lifetimes when it's barely even a tiny fraction of the crash we saw in 2020.[/quote]
He’s trying to make fetch happen…[/quote]

And upset about being called out for cheering on a market drop.[/quote]

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