4 ms·
Quick Google search, nearly top result. Committing the sin of just reading the headline but man this is not hard to find evidence: https://www.bloomberg.com/new
by Guzba 6y ago
Quick Google search, nearly top result. Committing the sin of just reading the headline but man this is not hard to find evidence: https://www.bloomberg.com/news/articles/2019-03-28/economists-are-actually-terrible-at-forecasting-recessions https://www.bloomberg.com/news/articles/2019-03-28/economist...
Or maybe? https://fivethirtyeight.com/features/economists-are-bad-at-predicting-recessions/ https://fivethirtyeight.com/features/economists-are-bad-at-p...
"All of the gains are from big tech". All of the gains are always from some companies and all of the losses are always from others. This is just how the pie got sliced 2020. I don't think it has any special meaning we can divine from it?
- Fellshard 6y agoEconomics isn't a sliced pie like that.
- Guzba 6y agoI just used that as an expression, no special meaning intended.
- tylerhou 6y ago(2013) https://www.cbsnews.com/news/stock-market-gains-come-from-few-top-performers/ https://www.cbsnews.com/news/stock-market-gains-come-from-fe...
- victorfriedrich 6y agoThe market cap of the five largest companies as share of the S&P 500 hasn't been higher in more than four decades.[1] The way the pie is sliced currently isn't really an indicator of stability. [1]: https://www.isabelnet.com/wp-content/uploads/2020/08/Market-Capitalization-of-Largest-Companies-as-Share-of-SP-500-Total.jpg https://www.isabelnet.com/wp-content/uploads/2020/08/Market-...