Global pandemic. Global recession. Geopolitical tension. Mass unemployment. Mass riots. Stock markets: this is fine.
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You understand a lot of things profoundly well Geoff - I have huge respect - but stock markets is not one of them. This article I wrote might help you wrap your head a bit more around why the stock market is seemingly doing crazy things. https://lt3000.blogspot.com/2020/05/coronavirus-update-from-unknown-unknown.html …
I don't pretend to understand stock markets. I'm just not afraid to be puzzled by their behavior, & to ask questions that many people have. Thanks for the link!
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There is a tremendous amount of psychology involved in markets - I think you'd actually be quite captivated by it if you got into it. Its real applied psychology. Soros always said he was a philosopher & social scientist first, and used the market to test his theories.
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Good blog. Very helpful. Mentioned it in a new reply to my original tweet.
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Ps re your first sentence, and dont worry - most economists and investors dont understand it either!
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Occasional Keiser report is always a fun watch for a casual interest in current stock behaviorhttps://www.youtube.com/watch?v=DcgnvD1hvsU …
Thanks. Twitter will use this to make your timeline better. UndoUndo
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