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Yeah, my bet is that the virus is just helping the market get back to normal by getting people to start taking their values seriously. The market has been seri
by notduncansmith 7y ago
Yeah, my bet is that the virus is just helping the market get back to normal by getting people to start taking their values seriously. The market has been seriously inflated for a while.
It is interesting, in light of the financial situation, how China and the US are handling the virus. Too attached to the status quo and trying to prevent a more serious correction by downplaying it? Or deliberately under-responding for other reasons?
- blaser-waffle 7y ago> Too attached to the status quo and trying to prevent a more serious correction by downplaying it? Or deliberately under-responding for other reasons? Conspiracy territory, but if I'm not in China I'm quietly hoping it gets crazy for another month or two, drives stock prices down further, and then buy at low rates. The constant "we don't know what's really going on!" doom and gloom articles make me think they're either pandering desperately for clickbate, or trying to drive the market further down (maybe both?).
- notduncansmith 7y ago> Conspiracy territory True, I should assume incompetence before malice. Something about it just feels too calculated to me. I guess we’ll just have to wait and see shrug