Feds Will Allow Banks to Invest in Private Markets

by Teeka Tiwari
Casey Research

I’ve been in the market as a professional since 1989. I’ve seen three major boom-and-bust cycles.

And as painful as each market crash is… they also create new life-changing opportunities.

Take the 2008 financial crisis, for example…

The market dropped 40–50%. That’s worse than the early stages of the coronavirus pandemic in 2020.

The financial crisis bankrupted 64,318 businesses in 2008 alone. More than 1 million Americans lost their homes. And over 3.5 million people lost their jobs.

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