3) No stimulus this time, No QE.
The Gov promised to give out 10 trillion + in Free money back in March 2020. Traders loved that. But that's not happening this time.
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How could this drop be worse than March 2020 when Covid shut the world down?
1) We are coming off a bubble now and that wasn't the case in March 2020.
2) Interest rates were zero then they didn't just double like they did now.