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I think one difference with the dotcom situation is that everyone is now deeply reliant on digital and networked systems. The size of any market correction is n
by Aachen 3y ago
I think one difference with the dotcom situation is that everyone is now deeply reliant on digital and networked systems. The size of any market correction is not something I'm qualified to comment on, but I'm not sure that this particular single historic data point is going to have predictive power
- Findeton 3y agoInflation is going down and that means less consumption. That means worse profits. That means less jobs. We'll see but there's a reason even the FED models are predicting a recession in Q4/Q1.
- Aachen 3y agoI'm not saying there will not be a recession, specifically I wrote: > The size of any market correction is not something I'm qualified to comment on The person above me said that it might still get much worse, basing that on a rather different situation. All I said is that I would not use this specific reference data for setting future expectations in the current situation