02 - The Roller Coaster of the Stock Market
Think of the stock market as an epic drama. After the 2008 financial crisis, the S&P 500 dropped more than 50%, but it began an incredible recovery in March 2009. In just a few years, it not only regained its losses but also hit new records! This pattern isn’t a coincidence. Studies by experts like Reinhart and Rogoff show that while financial crises can be devastating in the short term, markets tend to recover and grow in the long term.