3min chapter

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Millennials Will Buy All the Stocks (EP.305)

Animal Spirits Podcast

CHAPTER

The Worst Years in the Stock Market History

The NASDAQ composite was down more than 32% last year. The S&P is actually pretty similar. There isn't much middle ground. It's usually after a really bad year, stocks go crazy or they continue to get slaughtered. So I guess the one thing would be like if we're through the inflation crisis, then it would make sense that 2023 could continue to be a good year. If some sort of crisis or recession hits, then it'd make sense for this to be another bad year.

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