It's important for every student of the stock market to have knowledge of the history of stock market.
This helps in predicting what can or can't happen in the long term.
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COVID recovery is much faster than anticipated.. to be honest even before vaccines or treatment plans it went up quickly. With this economic crisis not sure what things add up. 1-2 years. More volatile.
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People worried about recovery when we dont even know if we have hit bottom yet....
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Looks like the market can lose 90% in 5 years. Dow could go from 30,000-3000 by 2027. Also, currencies eventually die from the abuse heaped on them by central banks/governments. So, anything can happen, but we know it probably can't go up or down forever.
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