2min chapter

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The Fed is Being Punished (EP.261)

Animal Spirits Podcast

CHAPTER

The Stock Market Continues to Drift Lower

Is it possible that we have a situation where we can reach max pessimism and the market continues to drift lower? There's only been eight years since 19 50, where that happened. But my point is, we can have this type of weird dynamic where stocks can go lower, but people's sphere can side as they adjust to the new normal - yep, thit's what it is.

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