4 ms·
So, is this rationality prevailing (play stupid games, win stupid prizes), or a canary in the coal mine for the US/world economy as a whole?
by jatsign 7y ago
So, is this rationality prevailing (play stupid games, win stupid prizes), or a canary in the coal mine for the US/world economy as a whole?
- jpm_sd 7y agoProbably both.
- nnq 7y agoBet on the first. The US economy is probably getting healthier, dropping/burning the dead wood. Now, US politics... that circus looks weird from the outside, but whatever works for them ¯\_(ツ)_/¯
- metabagel 7y agoIt looks weird from the inside too.
- frockington1 7y agoThe next presidential election, despite being an absolute circus, should keep things split no matter who wins. This makes political stagnation a reliable bet for the next 2.5 years, possibly even longer. Normally a good sign for markets as little new regulations/change will be occurring.
- itronitron 7y agoSince this bubble is largely being driven by private investors it seems like the broader economy won't suffer but will instead benefit from investors losing their interest in stupid games.