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A perfect storm could push stocks into a long, grinding bear market unlike anything investors have witnessed in decades, according to a recent report that is going viral on social media.
In the report, published by the Substack blog
“The Last Bear Standing,” the author made the case that the sense of complacency that has shielded stocks from deeper losses could soon yield to anxiety, denial and panic as a confluence of factors usher in a punishing bear market. The ensuing downturn could make 2022 — the worst year for stocks since 2008 — look relatively mild by comparison.
This post was originally published on Market Watch