Traders are trying to compare 2022 with 2008.
But there are so many differences.
1) Job Market is still strong.
2) Wealthy are still doing well.
3) Real Estate some how is still near bubble highs.
4) Still plenty of government stimulus.
5) Market's happy with Big Cap earnings.
Conversation
Replying to
This bear market was caused by supply chain disruptions (covid lockdowns in China + Russian war + droughts everywhere). Demand is still very strong.
I want to know what's been done to fix supply chains last 2.5 years. Perfect opportunity to move 'em to SE Asia.
