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At this point every time something positive happens in the market: "It needs a correction" Everytime something negative happens: "It's just a cycle" Maybe w
by aaomidi 7y ago
At this point every time something positive happens in the market:
"It needs a correction"
Everytime something negative happens:
"It's just a cycle"
Maybe we don't have the best economic system where instability is built into its core & foundation?
- jyrkesh 7y agoI'm having trouble seeing how those two positions/statements contradict each other. If markets need a correction, and then they get it, that is part of the business cycle. Also, "at this point" is at the point of one of the most runaway bull markets of all time. IMO, the correction has been needed for a couple years now. I didn't have nor did I see that sentiment on HN 5+ years back.