Lesson 1

2008-2009: The Financial Crisis

The 2008 crisis is the master class in understanding liquidity, credit, and crisis mechanics.

Lesson 2

March 2020: COVID Crash

The COVID crash was the fastest bear market ever and the fastest recovery.

Lesson 3

2022-2023: The Rate Shock

2022 was the worst bond market in history and a severe equity bear market.