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And yet the stock market is already recovering. I guess "worst crisis since Great Depression" has been priced in?
There is always lots of volatility at a bottom. The stock market thought that the Great Depression was over quickly also. At the end of the day, either the market is right or wrong.
I'm not even saying let up on all the social distancing measures. I think social distancing measures are good, but perhaps over the top. Nowhere have I seen a discussion of where to stop with the measures because of diminishing returns and increasingly negative economic (and indirect human life loss) impact.
Earlier quoted context omitted.
The increase we’ve seen in the last two weeks make zero sense to me. It’s almost making me lose trust in the market as I feel like it’s rigged. We’re in a complete state of unknown, nobody knows when this will be over, unemployment raises like crazy, the US now realizes that coronavirus is hitting them the hardest...
The increase in the last two weeks is because it's becoming obvious that: 1) The US's response to this was competent. 2) The measures put in place are working. 3) The projections are improving substantially . 4) The time horizon is shrinking. 5) We are starting to understand how to treat this. (+ "in the us"). Two weeks ago we were looking at places like Italy, and extrapolating that the US could see deaths in the mi…
Let's check back in a few months and see how this comment has aged...
'Market learned to smooth out crises, because so many happened' is now least true than ever.
The only hit Google returns is you, in this thread.
Earlier quoted context omitted.
The increase we’ve seen in the last two weeks make zero sense to me. It’s almost making me lose trust in the market as I feel like it’s rigged. We’re in a complete state of unknown, nobody knows when this will be over, unemployment raises like crazy, the US now realizes that coronavirus is hitting them the hardest...
The increase in the last two weeks is because it's becoming obvious that: 1) The US's response to this was competent. 2) The measures put in place are working. 3) The projections are improving substantially . 4) The time horizon is shrinking. 5) We are starting to understand how to treat this. (+ "in the us"). Two weeks ago we were looking at places like Italy, and extrapolating that the US could see deaths in the mi…
EDIT: My post will probably age-like-milk when we're still in lockdown in November with 300k dead and we all have long hair and are wiping our butts with the lawn like sick dogs.
And yet the stock market is already recovering. I guess "worst crisis since Great Depression" has been priced in?
And yet the stock market is already recovering. I guess "worst crisis since Great Depression" has been priced in?
And yet the stock market is already recovering. I guess "worst crisis since Great Depression" has been priced in?
The increase we’ve seen in the last two weeks make zero sense to me. It’s almost making me lose trust in the market as I feel like it’s rigged. We’re in a complete state of unknown, nobody knows when this will be over, unemployment raises like crazy, the US now realizes that coronavirus is hitting them the hardest...
Earlier quoted context omitted.
The increase we’ve seen in the last two weeks make zero sense to me. It’s almost making me lose trust in the market as I feel like it’s rigged. We’re in a complete state of unknown, nobody knows when this will be over, unemployment raises like crazy, the US now realizes that coronavirus is hitting them the hardest...
The increase in the last two weeks is because it's becoming obvious that: 1) The US's response to this was competent. 2) The measures put in place are working. 3) The projections are improving substantially . 4) The time horizon is shrinking. 5) We are starting to understand how to treat this. (+ "in the us"). Two weeks ago we were looking at places like Italy, and extrapolating that the US could see deaths in the mi…