Education

Here’s what a recession really looks like

It’s not that bad

I posted a part of this chart earlier but here’s a longer version. It shows Canadian GDP for the past 50 years. It’s similar in most of the world.

It’s beautiful chart going from the lower left to the upper right with some tiny dips.

I feel like the perception of growth is something far different.

I don’t know if it’s the scars of the crisis or the experience of a few outliers like Italy and Spain but the reality is that recessions are bumps in the road. Yes, for some people who lose jobs/careers it’s heartbreaking but as investors we see recessions as these mythical dragons to be feared but they’re more mosquito than monster.
   

As investors and traders, recessions are incredible opportunities to find mis-priced markets and if you have a longer view and a steady hand then your path — like this chart — will be higher.

Articles You May Like

How to Use the Average True Range In A Trading System
Crude Oil Price to Bypass OPEC Meeting for Trade Wars, Fed Minutes
Profitable forex trading strategy (for beginners) & best forex strategy for consistent profits
GBP/USD technical analysis: Small correction up above 1.2600 on USD weakness
USDJPY moves above its 100 day MA

Leave a Reply

Your email address will not be published. Required fields are marked *