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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 drcode on Wednesday April 29, 2020 @11:13AM (#23020201)
I felt like the biggest dolt that I didn't sell my stocks en masse a couple of weeks before the plunge, when it was already obvious C19 was going to be a big deal. I reasoned "The Fed will just inflate the currency to maintain stock prices anyway, so why would I want to go long on the dollar?"

Now a month later, my initial instincts don't seem so wrong anymore: My portfolio is doing fine... All I missed out on was a bunch of theoretical day trading gains.

(Too bad the things that really matter, like my friends that run local businesses, and everyone's mental health, haven't fared as well)

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Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by icelancer on Wednesday April 29, 2020 @11:40AM (#23020508)
There was also biflation in the market, as many people have somewhat alluded to - tech stocks and specific sectors have exploded while others have collapsed. There has been a significant redistribution of alpha even if the total losses came in under what they expected.
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Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by drcode on Wednesday April 29, 2020 @11:55AM (#23020684)
"biflation" now there's a term I need to add to my vocabulary.
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Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by icelancer on Wednesday April 29, 2020 @09:13PM (#23026473)
The canonical example are the wild changes to the CPI buckets:

https://howmuch.net/articles/price-changes-in-usa-in-past-20...

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