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bloomberg is a broken record repeating "x end is near" until the conditions are right and can come out telling "told you so" it has been foretelling the doom o
by LoSboccacc 9y ago
bloomberg is a broken record repeating "x end is near" until the conditions are right and can come out telling "told you so"
it has been foretelling the doom of the chinese market for a decade and an half now, of course it will happen at some point but that won't make it useful, like all other predictions without a date they do.
- paulgb 9y agoA signal that something is overvalued is still a useful signal, even if it's impossible to forecast how long a market will remain irrational.