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by californical
1253 days ago
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I think the issue is that we’re already in a recession, everyone has been talking about this for months, and the stock market has taken a giant turn downward already last year. It could stay at its current level for a year or two before rising again, but the stock market has already been expecting a recession and that’s likely why it’s this low already. It doesn’t have to drop more in a recession because it already has! People losing their jobs and spending less is already predicted by Wall St. |
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