Thee doesn’t seem to be any concern among the stock market participants and analysts.
Or are they part of the conspiracy?
Thee doesn’t seem to be any concern among the stock market participants and analysts.
Or are they part of the conspiracy?
They’re buying their own BS, IMHO. Most of them will be caught completely by surprise when it happens, just like 7 years ago. Check out Peter Schiff if you get a chance. He’s got an interesting perspective on markets, and rightly points out how often the market gets it wrong.
Most of the money managers and pundits are short to medium term traders who think that their charts, etc. are king. They’re pretty good at making money most of the time, but don’t really understand economics. They think that markets somehow exist independently from the economy in general. It may appear at times, that they do, but eventually economic realities catch up with the market.