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The sky is not falling. This is Bear hype. A group he's connected with is probably short the market. Wait for the Black Swan to trigger just like the Bear Stear
by meeper16 11y ago
The sky is not falling. This is Bear hype. A group he's connected with is probably short the market. Wait for the Black Swan to trigger just like the Bear Stearns trigger of last downturn. Keep an eye on the yield curve, the most important indicator. It's not bending yet.
I see these bears come out of the woods everytime they beat the "the bull run has been too long" drums.
- jessaustin 11y agoAs I understand the term "black swan", it isn't something for which one can wait. If a particular event occasionally happens at a particular point in a business cycle, then we can assign a rough likelihood to that event, and it isn't a black swan.