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.
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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.