XJO 0.10% 7,767.5 s&p/asx 200

"The crash written about for 2015 / 16 didn't occur"Lets call a...

  1. 9,938 Posts.
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    "The crash written about for 2015 / 16 didn't occur"

    Lets call a spade a spade my esteemed friend. James Rickards was wrong. Wrong!
    There was no deep recession and there was no deep market correction in 2015/2016.
    He is one of those doom and gloomers who specialise in predicting 50 out of the last 3 recessions.

    I sincerely hope that nobody took him at his word and stayed out of the market because they would have missed out on an once-in-a-lifetime, generational opportunity to improve their financial position.

    The Total Return on the SP500 has been 180% since the 2016 non-recession, not even Covid or the 2022 bear marked have seriously dinted this performance.

    https://hotcopper.com.au/data/attachments/5557/5557369-9689b49176c5bb2234c91f85494ca8be.jpg


 
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