2 ms·
I'm sorta skeptical. With 12% of the usa vaccinated and things on the verge of opening, I really don't see things going into a recession unless the powers at be
by exabrial 6y ago
I'm sorta skeptical. With 12% of the usa vaccinated and things on the verge of opening, I really don't see things going into a recession unless the powers at be do something stupid.
I think this is fundamentally different than other bubbles because there's a guaranteed light at the end of the tunnel.
- icelancer 6y agoThe tunnel has been flooded with QE methods' light. The tunnel is hardly dark... for asset owners.
- YZF 6y agoThis bubble started well before Covid. I do agree that if the vaccination campaign is successful the mood will be such that it might sustain it a little longer. That should factor into the calculation. Though on the other hand, governments may hold back a little on stimulus once that happens as they've been throwing money all over the place during Covid.