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© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Asian stock markets higher after Wall St sinks further
By JOE McDONALD BEIJING©2024 GPlusMedia Inc.
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oyatoi
A world of hurt awaits those whose dreams of a cruisy retirement were predicated on an ever rising stock market dependent on no longer available stimulus spike trillions. Stock markets throughout the world, which had been catapulted into a twilight zone-like alternative reality, are now seeing the evisceration of a large portion of that artificially concocted wealth as cascading losses compound. A corollary of successive stock index trigger points being breached will be people delaying their retirement plans and having much less than they’d anticipated. That’s the good news.............
fxgai
Steady there, tiger.
S&P 500 barely in bear market territory yet.
Periods like these are the time to buy for the long run.
oyatoi
Irving Fisher would be proud of you!
https://time.com/3207128/stock-market-high-1929/