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It will get better, but after we feel even more unsettled: El-Erian

2 点作者 100-xyz大约 5 年前

1 comment

100-xyz大约 5 年前
Here&#x27;s how I see the current market correction and virus situation as compared to the dot com crash of 2002.<p>Markets were over priced in both cases. During the dot com it was much crazier and prices crashed a lot. This time its not so crazy, so stock prices may come down less.<p>During the dot com burst, the 911 disaster weighed heavily on psychology. Now it is the virus.<p>In both situations real estate prices in tech areas were crazy. This time the prices are even higher. So more of a price drop in real estate?<p>A lot of tech people lost their jobs in the dot com burst. This time somewhat less?<p>So, the way I see it, we have a lot more down side for a lot longer to go - basically agreeing with the article.<p>Opinions?