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  1. #11
    Guru
    Join Date
    Aug 2012
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    4,776

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    Quote Originally Posted by Joshuatree View Post
    This one is unprecedented though so those figs may be meaningless and the drop has been so swift, im reading the velocity has been -37% (fall per month)so far , the 87 crash velocity was -16% the GFC -4 %. I guess the recovery when it comes(who knows) may be similarly paced to the upside.
    This crash may affect the averages for the crashes. it is also a sort of deliberate crash as government's have exacerbated it by forcing close downs.

    I think the OECD had initially forecast a V recession although now they anticipate it may be more of a typical U recession. That may effect the time taken for a stock recovery.

    Disc: I have doubled my KiwiSaver voluntary contributions. I am considering a switch back from Conservative to Growth.
    Last edited by Bjauck; 25-03-2020 at 09:38 AM.

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