The pandemic is just the catalyst. Eventually the stock market getx overbought, the economy gets overbought. And the business cycle turns down. At the top it always looks like nothing can crash the market or the economy. But something always turns up that does.
Do you want to know the real reason the market is going down?
- Thread starter zdreg
- Start date
The pandemic is just the catalyst. Eventually the stock market getx overbought, the economy gets overbought. And the business cycle turns down. At the top it always looks like nothing can crash the market or the economy. But something always turns up that does.
Oh ... I thought an anticipated collapse of corporate earnings caused by an exogenous (black swan) event, like nothing ever seen during a normal business cycle, was the catalyst.
What was I thinking ?
you basically said the exact said thing @southall did...only in a more complicated fashion.
No. Market was somewhat overbought ... but economic metrics were not falling off ... until the black swan.
Average length of an economic expansion in the US is 40 or 50 months, this one was over 120 months. A recession was inevitable at some point. If it wasn't this year then something would have turned up in the next couple of years to burst the bubble.
Not the Jews, it is the Chinese this time around.Did the Jews participate in any way or did we stay on the sidelines this time around?
Yes, I'd like to know the real reason the market is going down.
Not the Jews, it is the Chinese this time around.
Some say Chinese are the Jews of the East.
It is called the business cycle. Has been happening for 100s of years.
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That;
+ trend following/counter trend following...……………………………………………………………..