3 ms·
This isn't much of a prediction. It's saying this correction is going to look like all the others. We had an overheated market in an inflationary feedback loo
by ajross 4y ago
This isn't much of a prediction. It's saying this correction is going to look like all the others. We had an overheated market in an inflationary feedback loop with pandemic relief, and that stopped, and now prices have corrected and we wait for growth to start again. That's... like predicting autumn will come some time after the end of summer.
The takeaway here is that there are no unique circumstances at play. This is a market cycle just like any other.