Economy crash =/= stock market crash?

Type_45

My portfolio is entirely green today. If this persists I will call my doctor.

Alistair31

An appointment that is long overdue I think.

coastline

Type_45 said:

My portfolio is entirely green today. If this persists I will call my doctor.

Wait until the SP500 gets down to 999 .That'll be about 80% down...

Type_45

coastline said:

Type_45 said:

My portfolio is entirely green today. If this persists I will call my doctor.

Wait until the SP500 gets down to 999 .That'll be about 80% down...

The S&P lost 57% in 2008.

This crash will be bigger.

InvesterJones

Type_45 said:

The S&P lost 57% in 2008.

This crash will be bigger.

Over what time period?

Thrugelmir

Type_45 said:

coastline said:

Type_45 said:

My portfolio is entirely green today. If this persists I will call my doctor.

Wait until the SP500 gets down to 999 .That'll be about 80% down...

The S&P lost 57% in 2008.

This crash will be bigger.

• During the 2008 financial crisis and the Great Recession, the S&P 500 fell 46.13% from October 2007 to March 2009 but recovered all of its losses by March 2013.

Type_45

Thrugelmir said:

Type_45 said:

coastline said:

Type_45 said:

My portfolio is entirely green today. If this persists I will call my doctor.

Wait until the SP500 gets down to 999 .That'll be about 80% down...

The S&P lost 57% in 2008.

This crash will be bigger.

• During the 2008 financial crisis and the Great Recession, the S&P 500 fell 46.13% from October 2007 to March 2009 but recovered all of its losses by March 2013.

This graph says otherwise:

Prism

Type_45 said:

coastline said:

Type_45 said:

My portfolio is entirely green today. If this persists I will call my doctor.

Wait until the SP500 gets down to 999 .That'll be about 80% down...

The S&P lost 57% in 2008.

This crash will be bigger.

Crashes are caused by something. Dodgy sub prime house loans, sky high evaluations, war, an oil crisis etc. Its impossible to predict ahead of time if any of these are going to happen and if the markets will actually crash because of them. I very much doubt rising interest rates and a bit of inflation on its own is going to be the cause of a crash bigger than 2008 when the worlds banks were all pretty close to failing.

Type_45

Prism said:

Type_45 said:

coastline said:

Type_45 said:

My portfolio is entirely green today. If this persists I will call my doctor.

Wait until the SP500 gets down to 999 .That'll be about 80% down...

The S&P lost 57% in 2008.

This crash will be bigger.

Crashes are caused by something. 

Nothing has happened then, since, say, January 2020 which may cause a crash? 

Adyinvestment

Type_45 said:

The S&P lost 57% in 2008.

This crash will be bigger.

Technically the S&P is not in a crash at this time, it is still in a technical correction.

Although it is very close.