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but what is a 'pop'? maybe ordinary swings in both directions due to various minor panics and manias and profit-takings that average out to a decade of nominal
by lg 5y ago
but what is a 'pop'? maybe ordinary swings in both directions due to various minor panics and manias and profit-takings that average out to a decade of nominal gains but depressed real returns?
- nscalf 5y ago'Pop' can also take the form of increasing inflation, making people take bigger risks for returns, leading to a bigger pop that is not coming soon. People saying this market can't sustain need to think about the inverse: what needs to happen for this market cycle to last 5-10+ years? "The market can stay irrational longer than you can stay solvent."
- JohnJamesRambo 5y ago2003 and 2009 style drawbacks but much worse. The SP500 has had 12 years of straight bull market, it's like an earthquake fault line that hasn't slipped in a long long time.