Untitled topic • Hacker News Board

#1

Post by spking » Fri, Dec 14, 2018, 5:13 PM UTC

No post body was provided.

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#2

Post by deanmoriarty » Fri, Dec 14, 2018, 5:30 PM UTC

This is just pure and utter financial porn, I don't even understand how such poor quality clickbait articles can make it to the front page of HN.

Stocks being volatile is just a normal fact of life. Please wake me up in 20 years and, if the SP500 prices (or better, a total world market cap index like VT) will not be __massively__ higher than today's, then we can be worried and blog about it like there's no tomorrow (e.g. Japan).

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#3

Post by DigiMortality » Fri, Dec 14, 2018, 5:31 PM UTC

What goes up, must come down. The US economy is in great health right now, but stocks will face a pullback...now? soon?

I think we'll all be facing a recession rather soon - Trump or not.

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#4

Post by eljimmy » Fri, Dec 14, 2018, 5:35 PM UTC

DigiMortality wrote: post #3

What goes up, must come down. The US economy is in great health right now, but stocks will face a pullback...now? soon? I think we'll all be facing a recession rather soon - Trump or not.

We've already seen a decline of 10+% in the S&P so I wouldn't rule out that it has already been happening.

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#5

Post by retbull » Fri, Dec 14, 2018, 5:35 PM UTC

deanmoriarty wrote: post #2

This is just pure and utter financial porn, I don't even understand how such poor quality clickbait articles can make it to the front page of HN. Stocks being volatile is just a normal fact of life. Please wake me up in 20 years and, if the SP500 prices (or better, a total world market cap index like VT) will not be __massively__ higher than today's, then we can be worried and blog about it like there's no tomorrow (…

Would you provide some context?