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> the fact that risk capital has somehow been convinced to stay in the game during this recession. I believe tales of our "recession" are greatly exaggerated.
by hbosch 6y ago
> the fact that risk capital has somehow been convinced to stay in the game during this recession.
I believe tales of our "recession" are greatly exaggerated. Since COVID-19 took hold, roughly around March 2020, the market hasn't really been depressed, has it?
- avianlyric 6y agoRecessions are defined reductions in economic activity, usually detected by GDP shrinking. Not by the stock market shrinking. One would hope that the stock market reflected actual economic activity, but that doesn't really seem to be the case anymore.
- tristor 6y ago> Since COVID-19 took hold, roughly around March 2020, the market hasn't really been depressed, has it? That's because the Fed said "money printers go brrr!". If it weren't for massive massive massive repeated cash injections into the market to maintain liquidity, we would have had a crash.