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The 2008 bear had similar rallies. The 1966-1982 bear, the same.


Post 2008 is when monetary policy added QE for asset price inflation. 2020 added Fiscal stimulus. Outside of IMF, nothing left.


If you can't raise rates above inflation to tame inflation and you can't pump cash to avoid a bear, then you will have a bear.



jog on

duc


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