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BY 𝑷𝑬𝑮𝑽𝑨🌻𝑱𝑰𝒀𝑵
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BY 𝑷𝑬𝑮𝑽𝑨🌻𝑱𝑰𝒀𝑵
Importantly, that investor viewpoint is not new. It cycles in when conditions are right (and vice versa). It also brings the ineffective warnings of an overpriced market with it.Looking toward a good 2022 stock market, there is no apparent reason to expect these issues to change.
The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers—or maybe the next Silverado?—echoed through the canyons of Wall Street as investors prepared for the worst.
𝑷𝑬𝑮𝑽𝑨𝑱𝑰𝒀𝑵 from us