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stock market crash

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    Originally posted by scooterscot View Post
    If nothing happens this summer and life continues as like the year before, I'll be the first to admit I was wrong. But consider this, even if the disease was gone tomorrow and we had full employment, and everyone had ample cash in their pockets - it would take at least a year, minimum, to get the US back to the economic condition it was in a few years ago. And that was before the US started pi$$ing off its largest trading partner, China.
    I see your bedtime stories are perfectly aligned, as usual...

    Originally posted by scooterscot View Post
    Like how you assume the 'current affairs' / the economy are somehow connected to the stock market.

    Comment


      Originally posted by scooterscot View Post
      If nothing happens this summer and life continues as like the year before, I'll be the first to admit I was wrong.

      Comment


        Originally posted by jamesbrown View Post
        I 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 Twain

        Comment


          Originally posted by scooterscot View Post
          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.

          Comment


            Originally posted by scooterscot View Post
            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.
            The market popping is not a black swan event - please go and read what a black swan event is, or preferably read the book, before stating such waffle.
            I am what I drink, and I'm a bitter man

            Comment


              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 Twain

              Comment


                Originally posted by scooterscot View Post
                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.
                How can you claim the market crashing is a black swan event then given you keep calling it? FFS, dim is an understatement for you.

                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.
                Stock markets dropping are high profile, I'll give you that, but clearly not hard to predict as you do so every week! And they are certainly NOT beyond the realms of normal expectations in history.

                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 it
                I am what I drink, and I'm a bitter man

                Comment


                  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 Musk

                  Comment


                    Originally posted by Jog On View Post
                    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!
                    a crash happens when nobody is expecting it.
                    As long as there are people predicting crash it will not happen

                    Comment


                      Originally posted by Andy2 View Post
                      a crash happens when nobody is expecting it.
                      As long as there are people predicting crash it will not happen
                      So, when scoots stops predicting a crash, sell sell sell!
                      Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.

                      Comment

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