/biz/ - Business & Finance

https://www.google.com/search?q=bear+market+before:2009&client=firefox-b-d&sxsrf=ALiCzsYFvL1hZRbGAOMqXrGPGr6PQDvl9Q:1664466420859&source=lnms&tbm=nws&sa=X&ved=2ahUKEwiV1IXOrLr6AhV_MEQIHQqCBksQ_AUoAnoECAIQBA&biw=1760&bih=850&dpr=1.09

For those too lazy to do it themselves.

>>51702625
idk what to think, its literally reading just like today. some guy says oh no stock fell
Then he says its a buying opportunity and markets are resilliant.

>>51702625
more

>>51702625
Thanks bud. Inderasting.

History repeats itself?

>waow did you know that financial "journalism" is madeup bullshit?
>this means the market will crash and I'll get to buy cheap bitcoin

>>51702750
I found an actual good article, if this guy followed his advice he made bank during 2008.

https://seekingalpha.com/article/93525-the-art-of-contrarian-investing-going-against-the-crowd-for-profit

>>51702838
true, but btw to see the similarities, I think you have to compare with
https://www.google.com/search?q=bear+market+after%3A2021&client=firefox-b-d&biw=1597&bih=797&tbm=nws&sxsrf=ALiCzsZRohQD2-Lyil0c1GcHrOOT8WADUw%3A1664467246592&ei=LsE1Y7LcI46pqtsP0PeJ2A8&ved=0ahUKEwiyq-TXr7r6AhWOlGoFHdB7AvsQ4dUDCAw&uact=5&oq=bear+market+after%3A2021&gs_lcp=Cgxnd3Mtd2l6LW5ld3MQA1BAWOkfYLkhaAFwAHgAgAFSiAGjBpIBAjExmAEAoAEBwAEB&sclient=gws-wiz-news

Bear market post 2021. I think it reads similar. However, idk it might be bad to single out the term bear market. You probably have to look up some moon boy shit and see compare 2008 till now. I garuntee there were still some number go up niggers in 2008 just as there are now.

Not sure what to think desu. I know we crashed a lot, esp to money supply so I'm dcaing but still hard to tell desu.

>>51702838
>"Whenever you find yourself on the side of the majority, it's time to pause and reflect."

Let's LARP as mumus in 2007
>bobocuck faggot thinks he'll buy NDX at a -70% discount? LMAOOOOOO
>just filled my bags with more. This is just a dip before we continue ripping
>the housing market will never crash you retards. Buy now or get priced out FOREVER
>me? Get evicted? No I'm not buying the top of housing retards. Low interest rates mean we go only up

>>51702880
I've been searching different media buzzwords I read on the news. So far I've searched inverted yield curve, are we in a recession?, jobs report, and some other I don't remember right now. They are always the same, to me this means market psychology is always the same and since mass media can't outright call on a recession for fear of being wrong they always tiptoe around these terms.

>>51702587
Suck it, Bobo. Solid support at 19k fir Bitcoin. 17.5k was the ultimate bottom.

>>51702933
>march 2008
>and wa-llah, just like that the DOW will never be below 12,000 again

>>51702953
lmao, cute lil apu. you can keep your 20,000 stable coin, I'm shorting the stock markets.

>>51702953
>>51703024
This. The generational nasdaq bottom was July of 2006 at 1500 points. Bottom is in and we're flying from here, get fucked bobocucks. 2200pts is a steal and everyone needs to buy right now baby

>>51702587
it's only the beginning
fuck

>>51703054
https://www.google.com/search?q=inverted+yield+curve+before%3A2009&client=firefox-b-d&biw=1760&bih=850&tbm=nws&sxsrf=ALiCzsZ7SgPGg7AJ7nabOSagajDoAe3wlw%3A1664467379266&ei=s8E1Y5v3D8fdkPIPn-askAQ&ved=0ahUKEwjbnIaXsLr6AhXHLkQIHR8zC0I4MhDh1QMIDA&uact=5&oq=inverted+yield+curve+before%3A2009&gs_lcp=Cgxnd3Mtd2l6LW5ld3MQA1D1DlixOWC4QGgEcAB4AIABxwKIAa4gkgEIMC4yNS4wLjGYAQCgAQHAAQE&sclient=gws-wiz-news

https://www.google.com/search?q=are+we+in+a+recession%3F+before%3A2009&client=firefox-b-d&biw=1760&bih=850&tbm=nws&sxsrf=ALiCzsZNRaHTiRgdAXRkLXBwNklV8SSalw%3A1664468221077&ei=_cQ1Y8WwBOvXkPIP44SviAw&ved=0ahUKEwiFo7qos7r6AhXrK0QIHWPCC8EQ4dUDCAw&uact=5&oq=are+we+in+a+recession%3F+before%3A2009&gs_lcp=Cgxnd3Mtd2l6LW5ld3MQA1DWBViwGmDcJWgAcAB4AIAB5wGIAe0bkgEGMC4yMC4ymAEAoAEBwAEB&sclient=gws-wiz-news

For your reading pleasure.

>>51702625
A lot of these articles are from Nov 2008 which would have been a great time to buy. Don’t fall for the fud

>>51702933
Just bought my THIRD home, my rental income is paying for all of my mortgages!

when literally everybody starts saying that we are heading towards a recession, it's most likely underway and close to the bottom.

>>51703147
Stop it.

STOP.

>>51703355
Open up any news sites, they're still saying "recession worries" or "recession jitters". We're not even close to capitulation yet.

>>51703297
HAHAHAAHAHAHAHAHAHAHAAHAHA

>>51703383
nah, it's full-on recession talk, bro

pic is from CNN's market subsection

>>51703355
>>51703467
>>51703478
Yep, this is the bottom, the fed pivoted yesterday, the golden bullrun starts now

>>51703467
yes, the DJI still dropped like 20% after that, but still if you had bought in november 2008, you'd still be up ~270% right now

>>51703297
Thanks for confirming my long held suspicion that mumus never look at charts or at least don't know how to read them.

>>51703355
The media is doing the whole "here's why recession is a good thing!" just like they did with inflation and covid lockdowns. I'm inclined to believe normalfags are being groomed to accept a recession

>>51703467
I mean all things considered that isn't too far from the bottom, he has a point. It's a sub-optimal buy time from a perfect 20/20 hindsight perspective, but from a more realistic one it's pretty alright.