3 ms·
Interesting point. I recall some analysis that the froth in the market is being driven by (1) reduced spending -> increased investing, at least for those who ke
by lambdatronics 6y ago
Interesting point. I recall some analysis that the froth in the market is being driven by (1) reduced spending -> increased investing, at least for those who kept their jobs (2) cancellation of sports, leading to more speculation as a substitute form of entertainment.
If that's correct, then yeah, we could potentially see a slide. I suspect it won't be massive, and it could be counterbalanced by economic growth that happens at the same time due to the reopening. Don't forget that the stimulus/bailout/money-printing is also driving the market up too.