Part 2: The Stock Market Rollercoaster
Think of the stock market as an epic drama. After the 2008 financial crisis, the S&P 500 index fell by more than 50%, but began an incredible recovery in March 2009. Within a few years, it not only recovered its losses, but also reached new records! This pattern is not a coincidence. Studies by experts such as Reinhart and Rogoff show that, although financial crises are devastating in the short term, markets tend to recover and grow in the long term.