Global pandemic. Global recession. Geopolitical tension. Mass unemployment. Mass riots. Stock markets: this is fine.
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PS This is a good long blog by @LT3000Lyall analyzing the apparently peculiar behavior of the recent stock market
https://lt3000.blogspot.com/2020/05/coronavirus-update-from-unknown-unknown.html …
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Thanks for posting that. I appreciate the criticism of reasoning by analogy, what I refer to as the confidence of fools that think themselves brilliant.
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My favorite part of the recovery is Robinhood and r/wsb deciding Hertz isn’t going bankrupt and the stock going back up 800%
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permabull nonsense
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We have haters in finance too Geoff :-) The disciline changes but human nature does not.
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