01-21-2016, 01:17 AM
Sorry, it's my fault. This always happens when I fully fund my IRA for a change.
Anyhoo, there's no big boom to break like there usually is in the bigger downturns. Well, there's oil and the Chinese. But the Chinese are only growing less fast than they were and their economic markers were never fully trusted anyway. And oil is never more than one Middle East despot from another spike.
Therefore I have declared it 1992 correction, not a 2001 or 2008 meltdown.
Anyhoo, there's no big boom to break like there usually is in the bigger downturns. Well, there's oil and the Chinese. But the Chinese are only growing less fast than they were and their economic markers were never fully trusted anyway. And oil is never more than one Middle East despot from another spike.
Therefore I have declared it 1992 correction, not a 2001 or 2008 meltdown.