There is a saying: “Those who do not learn from history are condemned to repeat it again.” I believe this applies to current market situation which is relatively not different from the past.
We will always see boom and bust. Currently, we are in the midst of bust, hoping for economic recovery.
I have attached the historical graph of DJIA Index, and together we can learn, that even at the past when market dropped by 50%, it would eventually recover and forming a bullish rally.
Will it be the same case again this time? I think so. What do you think?
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