- the current US consumer-led recession is much worse than the 2001 tech bust
- The 2001 bust lead to a 91 week bear market in Singapore
- Current bear market only in 54th week
- "Bear markets typically do not hit the trough or end until the economy is past the worst phase of the recession. In the 1985/86 recession, the bear market ended at the tail end of the recession. In the 1997/98 Asian crisis and 2001/02 tech recessions, the bear market ended in the middle of the recession, during the quarter where contraction was most severe."
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In case its not obvious, I'm really hoping for another leg down. Most of my money is on the sidelines.
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