People are beginning to talk about the "R" word again. I haven't personally got any money in the stock market, but a recession affects us all, and recessions seem to be somehow tied to the stock market. Businesses go belly up. People lose jobs. Things go down from there. It better not happen. We JUST got out of the last one.
It *WILL* happen. Recessions are a part of normal business cycles. Count on this one thing if nothing else...there is always another recession on the horizon. And another bear market. And behind them another bull market and economic boom.
This can’t be overemphasized.
Yes the last one was a pathetic recovery. That’s because statists like Bush and Obama and Yellen tried to mitigate it. In the end we had the poorest economic recovery in history.
I posted a short article higher up in the thread that does a good job of explaining stock market changes and the relation between market indexes and business cycles.