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Hm, interesting article but I wish they had included global data as well. For example, stock market crashes in Japan and other countries. As I understand it, Ja
by losvedir 2y ago
Hm, interesting article but I wish they had included global data as well. For example, stock market crashes in Japan and other countries. As I understand it, Japan still hasn't quite recovered from its crash more than 30 years ago.
- xvilka 2y agoMostly because of the restrictive Plaza accord[1] and tariffs[2]. [1] https://en.m.wikipedia.org/wiki/Plaza_Accord https://en.m.wikipedia.org/wiki/Plaza_Accord [2] https://edition.cnn.com/2019/05/24/business/us-china-trade-war-japan-intl/index.html https://edition.cnn.com/2019/05/24/business/us-china-trade-w...
- actionfromafar 2y agoTariffs... sounds familiar.
- wiredfool 2y agoI made sure I had Smoot Hawley on my bingo card for this year.
- deleted 2y ago[deleted]
- bryanlarsen 2y agoThe US stock market has been an outlier for the last 150 years. Predicting that the US stock market will be an outlier for the next 150 years seems unlikely. A better predictor is likely global stock market performance, which leads to a much less rosy prediction.