A trader works on the floor of the New York Stock Exchange on May 31. Photo: Bloomberg
Opinion
Opinion
The View by Richard Harris
The real Great Recession is upon us – prepare for multi-year losses
The 2009 financial crisis, dramatically named the Great Recession, was followed by a swift recovery; so too were the pandemic-induced downturns
This time it’s different, given a long-term and uncertain shift in global geopolitics. Investors will need patience and the ability to play the long game