#superbubble#jeremygrantham
— Guillermo Ruiz Zapatero (@ruiz_zapatero) September 1, 2022
(2)
3. In 2000, the NASDAQ (which had been the main event of the tech bubble)
recovered 60% of its initial losses in just 2 months.
4. In 2022, at the intraday peak on August 16th, the S&P had made back 58% of its
losses since its June low. https://t.co/ctSepqMAET
(3) Thus we could say the current event, so far, is looking eerily similar to these other historic superbubbles
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