I think the global economy is filled with the economic equivalent of open barrels of gasoline.
So (if I'm understanding your analogy right) you expect that any drop in the market will almost certainly lead to a huge crash?
From the 17th to the 25th of August last year, the S&P 500 dropped by about 11%. This led to ... about a month of generally depressed prices, followed by a month-long rise up to their previous levels. That doesn't sound to me like an economy filled with open barrels of gasoline.
So (if I'm understanding your analogy right) you expect that any drop in the market will almost certainly lead to a huge crash?
Any given spark -could- set it off, which is not the same as any given spark definitely setting it off.
From the 17th to the 25th of August last year, the S&P 500 dropped by about 11%. This led to ... about a month of generally depressed prices, followed by a month-long rise up to their previous levels. That doesn't sound to me like an economy filled with open barrels of gasoline.
If the stock market were responding approp...
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