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In theory you missed that memo in 2019, it's that Corona threw in a curveball that gave us an additional 3 years on the inevitable recession. This is why timing the market is hard.


Alternatively, people I know who got that memo in 2019 sold their stocks, went short and now are in a significantly worse position.


Was there a memo at the end of 2018? If not, why would there have been a memo in 2019 but not 2018?




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