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To: Sequoyah101
The market is brainless.

And yet a market economy is better than all possible alternatives. Just let THAT sink in for a moment.


24 posted on 05/30/2019 12:58:34 PM PDT by Buckeye McFrog
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To: Buckeye McFrog

The market isn’t brainless.

Part of it is automated by machine learning and is both brilliant and dumb as a rock; ML is limited both by lack of foresight and by the intrinsic bias of its users (who in this case are risk-averse)

A big chunk is run by globalist finance managers who are very eager to trash the Trump economy. These two groups cause the drops the writer is panicked about.

Increasingly us regular people provide a true invisible hand as we invest through 401k and other means; and we trend towards things out of the hands of these globalist money managers.

Smalll wonder articles now run bemoaning the rise of low-load index funds.


39 posted on 05/30/2019 3:25:53 PM PDT by No.6
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