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This is exactly my take as well. I'm shocked the market hasn't tanked much more. I would think that anyone should prefer the economy of 2018, 2017, 2016, 2015,
by wycy 7y ago
This is exactly my take as well. I'm shocked the market hasn't tanked much more. I would think that anyone should prefer the economy of 2018, 2017, 2016, 2015, 2014...as compared to projections of unemployment as high as 30% and the economy in total gridlock. Yet the Dow/S&P don't reflect that yet.
- hanoz 7y agoBut don't forget that the unit of measurement for the Dow and S&P is not what it was in 2014 either.