Re:U.S. Recession Probabilities September 2021: 44%
by nradov on Tuesday November 02, 2021 @01:18AM
(#29077375)
Rich people have most of their assets in equities, not loans or fixed-income securities. As a general asset class, business equity is usually a pretty good hedge against inflation.
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Re:U.S. Recession Probabilities September 2021: 44%
by omgwtfbyobbq on Tuesday November 02, 2021 @01:37AM
(#29077483)
It can be so-so at times. IIRC, there was a 5-10 year period in I think the 70s/80s when the S&P 500 returned nothing. Course, it took off after that.