It's clear that there is a harder economic situation at least one year ahead, but the market is pricing in the better times that come after: 2025, 2026,... (due to the FED cuts) and I understand it and that is a fair trade.
I just don't understand why the market was not pricing in the better times ahead and fell down a lot in 2002 and 2008, when they knew that eventually the FED will cut and the stocks will go up again?
[link] [comments] https://www.reddit.com/r/stocks/comments/12jdvor/why_the_market_went_down_in_2002_and_2008_and_do/
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