#2: Where are we now? Market cycles, depressions, recessions, corrections and more
Over the course of my over thirty years of managing money, I have seen numerous market cycles, upturns and downturns.
Each one has it’s own unique story.
In this episode of my podcast: The Prosperous and Happy Life, I deconstruct the story of the pandemic bull and bear market rollercoaster with my guest Nadeem Kassam; MBA, CFA.
This is definitely a unique story worth telling and we review the sequence of events in simple language, from the beginning of 2020 to August 2022.
In this episode, we dive into:
- How do we define a bear market, correction and recession? (04:47)
- The pandemic shock to markets (05:53)
- How did interest rates decrease even lower during the pandemic? (07:35)
- The shortest bear market in history (08:59)
- Unprecedented market stimulus (10:20)
- The shortest bull market in history (11:45)
- What was your take on the markets before the war started in Ukraine? (14:50)
- Inflation raises it’s ugly head (18:06)
- What everyone wants to know now: are we in a recession? (25:20)
- What does prosperity and happiness mean to you? (31:00)
Thank you for listening
Subscribe to The Prosperous and Happy Life podcast on Spotify
Keep up to date with Mary by subscribing to her newsletter on The Mary Hagerman Group
Follow Mary Hagerman on LinkedIn and on Facebook
Do not hesitate to contact us at mary.hagerman@rymondjames.ca