Economy crash =/= stock market crash?

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.

[Deleted User]

The economy must be being held back massively by issues with the workforce.

I went to a few places today, and they had hardly any staff and everything took ages. The local bank had to close because they had no staff. All very odd, how long has our economy been run on a bare bones profitability, exploiting cheap labour. Many places will not survive. 

Type_45

Adyinvestment said:

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.

Incorrect. It has now declined 20% from its high and is in a bear market.