2min chapter

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Can the Markets Cause a Recession (EP.249)

Animal Spirits Podcast

CHAPTER

The Average Turns Are Pretty Darned Good

Santamatrataan looked at the nazak since 19 70, which is when it was started. He counted 12 previous bear markets and found an average loss of 38%. The only time youwere negative after ten years was if it was a top in two thousand. Adiadiata: Fear has a far greater grasp on human action than the impressive weight of historical evidence.

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