business

Asian stock markets higher after Wall St sinks further

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By JOE McDONALD

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now seeing the evisceration of a large portion of that artificially concocted wealth as cascading losses compound

Steady there, tiger.

S&P 500 barely in bear market territory yet.

Periods like these are the time to buy for the long run.

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Periods like these are times to buy.

Irving Fisher would be proud of you!

https://time.com/3207128/stock-market-high-1929/

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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.............

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