News for hackers. Stuff that matters.

A comment on U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Recession. Parent comment

Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by harryh on Wednesday April 29, 2020 @09:51AM (#23019166)
This is true in the short run, but not in the long run.
[ Parent | on HN ]
Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by eyeundersand on Wednesday April 29, 2020 @10:16AM (#23019495)
"In the long run, we are all dead." ~Keynes
[ Parent | on HN ]
Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by kyuudou on Wednesday April 29, 2020 @06:30PM (#23025307)
Keynes, to my knowledge, never had children. The future for one's offspring definitely extends one's field of cares to give, in my opinion.
[ Parent | on HN ]
Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by metalliqaz on Wednesday April 29, 2020 @10:13AM (#23019453)
I think all you're saying is that eventually sentiment bends toward economic reality.
[ Parent | on HN ]
Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by harryh on Wednesday April 29, 2020 @12:27PM (#23021032)
No, I'm saying that eventually the value of a company is based on actual economic reality and not sentiment. Companies are either profitable or not. They either grow or not. In the end, share prices are based on these things, not just the whims of investors.

The stock market is not trading in baseball cards.

[ Parent | on HN ]