I don’t think we will find out.
I don’t think we will find out.
I saw the immediate aftermath. Someone jumped off the 8th floor in an interior atrium after setting off the building fire alarm. I happened to look that way while evacuating and it took a moment to process what I was seeing.
Interest rates rose above 0% for the first time in a decade and suddenly profit became more important than growth.
Edit: actually I’m wrong and it’s more complicated than that, but in essence the era of free money came to an end. Interest rates were increasing before 2020 in very gradual increments, but then went to zero, also accompanied by a lot of money being injected into the system.
https://www.macrotrends.net/2015/fed-funds-rate-historical-chart
So the sudden change at the end of the chart is what caused the regime change driving the trend of growth-driven companies trying to generate a profit - many not having a clue how to do it because they’ve never done it before.
Look after your back and neck. Floss. Drink more water. Find out if you have family inheritable disease risk and adjust accordingly.
But also, take advantage of some of your best years, and the freedom which comes with not being tied down.