76: Goldman Sachs’s Chief Global Equity Strategist, Peter Oppenheimer, Discusses Macro and Markets
Money Maze Podcast
The Different Types of Bear Markets
In the last 96 years we've had nine recessions and 73% of the largest US equity drawdowns happened with recessions. We're probably in one of these cyclical downturns but I don't think it will be significantly deeper, partly due to private sector balances being quite healthy. But there's many things to worry about and things that do cause alarm in many ways.
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