"History doesn't repeat itself, but it often rhymes." ~ Mark Twain
Just before 2020, I wondered with we might have another "roaring 20s" that happened a hundred years ago. COVID happened and blocked that idea out of my mind. Subsequently, billions of dollars were pumped into the economy through "stimulus checks" and interest rates were reduced to almost zero. The stock market rebounded and rocketed. Asset values, such as housing, went up significantly. The economy recovered and grew.
However, 2022 had significant inflation and interest rate increases by the Fed. That slowed the economy and stock market, which have since rebounded.
Now I'm wondering again if the remainder of this decade will be the Roaring 20s again. It would be great if the economy and stock market roar again. But we also know that the last Roaring 20s also ended badly with the Great Recession.
This is not financial advice. Please consult a professional advisor.
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