Does anyone realize how far stocks rallied from 2009 to 2021? The Dow Jones Industrial Average was under 7000 in 2009 and hit over 36,000 in 2021. What is stretched so far one way eventually snaps back the other way? Of course, much of this performance was due to debt, money printing, and abnormally low […]
Tag Archives: stagflation
Just one week after former Federal Reserve Chair Janet Yellen warned of another 2008-style economic crisis, another former Fed Chairman issued an even more somber economic warning. Alan Greenspan, who served as Federal Reserve Chairman for near 20 years under four presidents, said investors should, run for cover amidst recent stock market volatility.