Re:Circulating in China’s Financial System: More Than $200B ...
by 0x8BADF00D on Thursday August 08, 2019 @02:48AM
(#20642380)
Did you miss 2001-2008? Or are you being purposefully deceptive.
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Re:Circulating in China’s Financial System: More Than $200B ...
by thaumasiotes on Thursday August 08, 2019 @03:27AM
(#20642525)
>> if your timeline is more than 10-15 years, why should you worry at all about recessions next year? On a long enough timeline, a recession is just a great buying opportunity.
> Did you miss 2001-2008? Or are you being purposefully deceptive.
This looks more like you being intentionally dishonest. I took DJIA figures from http://www.fedprimerate.com/dow-jones-industrial-average-his...:
January 2000: 11,722.98
December 2001: 10,021.57
March 2003: 7,673.99
October 2006: 11,850.21 (beating the high of 1/2000)
October 2007: 14,164.53
March 2009: 6,507.04
December 2010: 11,577.51
January 2015: 17,164.95
Here we have a 15-year period which starts at the high price before the period you "called out". What are we supposed to view the low points as, if not great buying opportunities?(Also, it's pretty apparent that 2001-2008 doesn't make sense conceptually as a single period.)
Re:Circulating in China’s Financial System: More Than $200B ...
by new2628 on Thursday August 08, 2019 @08:33AM
(#20643902)
Not sure, what to take away from this list of numbers. From 2000 to 2010 I see a lost decade, with the index back where it started. You added the note "beating the high of ...". why not add two years afterwards "beating the low of ...", etc.
Re:Circulating in China’s Financial System: More Than $200B ...
by thaumasiotes on Thursday August 08, 2019 @09:03AM
(#20644090)
I added the note to October 2006 because that was the only reason I included it in the list at all. It wasn't a high point or a low point, just the middle of a long rise. March 2009 is a low point.
Re:Circulating in China’s Financial System: More Than $200B ...
by joelx on Thursday August 08, 2019 @03:23AM
(#20642507)
Bezos appears to believe the market has peaked and has sold $3b in Amazon over the last week.