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A comment on Dow plunges 1000 points. Parent comment
Unlike in a casino, the returns and value of stocks are loosely coupled to the real economy.
If stock values grow quicker than the economy, then we should expect a correction, because of that loose coupling.
Of course, markets can stay irrational longer than we can stay solvent, so I wouldn't try to time it.
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Unlike in a casino, the returns and value of stocks are loosely coupled to the real economy.
If stock values grow quicker than the economy, then we should expect a correction, because of that loose coupling.
Of course, markets can stay irrational longer than we can stay solvent, so I wouldn't try to time it.