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stock market crash
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Originally posted by scooterscot View PostIf nothing happens this summer and life continues as like the year before, I'll be the first to admit I was wrong.Comment
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Originally posted by jamesbrown View PostI see your bedtime stories are perfectly aligned, as usual...
One is about the market popping (black swan) and the other is about the continuous rise of the market supported by central madness, which is nothing to do with the current affairs.
Nice try though."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostOne is about the market popping (black swan) and the other is about the continuous rise of the market supported by central madness, which is nothing to do with the current affairs.
Nice try though.Comment
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Originally posted by scooterscot View PostOne is about the market popping (black swan) and the other is about the continuous rise of the market supported by central madness, which is nothing to do with the current affairs.
Nice try though.I am what I drink, and I'm a bitter manComment
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A black swan event is something happening no one saw coming (except for Bill gates).
It is natural then for folks to conclude the sell offs in the stock market are somehow related. Another way to think if it, were the stock market heavily undervalued, taxes / interest rates supper high, and we just came out of a recession a year ago - this black swan would not have made a fart worth of difference - and you know. The banks would then be in a position to lower rate, the government taxes whilst retaining some value in the currency without printing it.
The reason why markets are dangerous is the same reason it was 2 - 3 - 8 - 12 years ago - debt. Debt has been allowed to reach levels normally expected in a time of crisis - but we've never had it better over the last 20 years. Then along comes a crisis - and suddenly it is the reason why the market is in danger of collapsing rather than because it is has been inflated beyond the moon.
I welcome when reason returns to the species I really do."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostA black swan event is something happening no one saw coming (except for Bill gates).
It is natural then for folks to conclude the sell offs in the stock market are somehow related. Another way to think if it, were the stock market heavily undervalued, taxes / interest rates supper high, and we just came out of a recession a year ago - this black swan would not have made a fart worth of difference - and you know. The banks would then be in a position to lower rate, the government taxes whilst retaining some value in the currency without printing it.
The reason why markets are dangerous is the same reason it was 2 - 3 - 8 - 12 years ago - debt. Debt has been allowed to reach levels normally expected in a time of crisis - but we've never had it better over the last 20 years. Then along comes a crisis - and suddenly it is the reason why the market is in danger of collapsing rather than because it is has been inflated beyond the moon.
I welcome when reason returns to the species I really do.
Here's a simple definition of a black swan event.
high-profile, hard-to-predict, and rare events that are beyond the realm of normal expectations in history, science, finance, and technology.
As I've tried to explain to you before, the stock market dropping is NOT the black swan. The pandemic is NOT the black swan (many scientists have been predicting a pandemic, even a coronavirus, for years). The black swan event is world leaders closing down their economies en-mass, closing borders, in country lockdowns. THIS is the black swan - no one predicted it. It's certainly high profile and is not a normal event.
Come on boy ... please learn something if you're going to quote itI am what I drink, and I'm a bitter manComment
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Looks like it's finally happening:
Stock Market Crash 2020: Welcome To The End Game | Zero Hedge
This isn't a ZH authored article - it's a reprint of this article from a 3rd party propaganda and disinfo site so probably fake news:
Stock Market Crash 2020: Welcome To The End Game
Fill yer boots!"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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Originally posted by Jog On View PostLooks like it's finally happening:
Stock Market Crash 2020: Welcome To The End Game | Zero Hedge
This isn't a ZH authored article - it's a reprint of this article from a 3rd party propaganda and disinfo site so probably fake news:
Stock Market Crash 2020: Welcome To The End Game
Fill yer boots!
As long as there are people predicting crash it will not happenComment
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Originally posted by Andy2 View Posta crash happens when nobody is expecting it.
As long as there are people predicting crash it will not happenScoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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