Michael Roberts looks at past stock market declines from the POV of the profit rate. Different conditions applied in each case, and the contemporary situation is different, too.Michael Roberts BlogStock market crash: 1987, 2007 or 1937? Michael RobertsKeynes.Stumbling and MumblingEmergence in stock marketsChris Dillow | Investors Chronicle Markets in financial instruments are comprised of two principal cohorts. The first cohort is comprised of "investors," who buy to hold longer term....
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