The Stock Market Crash in 2020 probably has you looking at the losses in the equity part of your portfolio wondering if the selloff is going to get worse this year or whether the market will recover. Well, the good news is that the equity market as a whole has always recovered in the past and will almost certainly do so again. But it might be a rough and lengthy round trip. We look at what has happened so far through the lens of Hyman Minsky’s ideas and valuation, and at the anatomy of a crisis and what leads to vulnerabilities and end by looking at the vulnerable markets today.
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