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I'm heartened to see the comments here because they seem to support what I've slowly been realizing, which is that nobody knows what will happen next. There wil
by kbos87 3y ago
I'm heartened to see the comments here because they seem to support what I've slowly been realizing, which is that nobody knows what will happen next. There will always be a steady stream of people telling you both that the sky is falling and that we're on the upswing. As far as we can detect there's a near equal probability of either being true. Writers have their own biases and economic homeostasis is dependent on both extreme perspectives coexisting.
- seanmcdirmid 3y agoMarkets try to be efficient, but can only represent’s today knowledge. If more than a few had a solid idea that it would go up or down, it would have already been there.
- nine_k 3y agoSince the situation cannot be described by a scalar, "the sky is falling" and "we're on the upswing" can be correct at the same time, just about different parts of the market.
- mysecretaccount 3y agoOf course it can, the article is referring to the S&P 500.
- ovulator 3y agoI'm here to tell you the hard truth, that the stock market will remain absolutely static for the foreseeable future, stocks are going to the troposphere!