Re:Predicting Next Recession
by madengr on Saturday November 23, 2019 @10:23AM
(#21614544)
Then why not short sell stocks and become rich?
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Re:Predicting Next Recession
by abcpassword on Saturday November 23, 2019 @10:35AM
(#21614609)
Because it can’t actually be predicted or they would do just that.
Re:Predicting Next Recession
by take_a_breath on Saturday November 23, 2019 @11:27AM
(#21614875)
Stocks aren’t necessarily an indicator of economic strength. The S&P 500 is in an earnings recession right now, but continues trading at all-time highs. The market can stay irrational longer than you can stay liquid.
Re:Predicting Next Recession
by tryptophan on Saturday November 23, 2019 @02:45PM
(#21616063)
This is not true. Sp500 earning are near ATH.
Re:Predicting Next Recession
by take_a_breath on Saturday November 23, 2019 @03:05PM
(#21616170)
Your chart is earnings per share, it’s also from June. That has increased because of all the stock buybacks following the new tax law. Total earnings are down.
MarketWatch - https://www.marketwatch.com/story/the-sp-500-is-in-its-first...
CNBC - https://www.google.com/amp/s/www.cnbc.com/amp/2019/06/24/ana...