Re:Masayoshi Son had help pulling SoftBank from the brink
by avianlyric on Thursday November 12, 2020 @12:16PM
(#25072005)
Recessions are defined reductions in economic activity, usually detected by GDP shrinking. Not by the stock market shrinking.
One would hope that the stock market reflected actual economic activity, but that doesn't really seem to be the case anymore.
Re:Masayoshi Son had help pulling SoftBank from the brink
by tristor on Thursday November 12, 2020 @12:19PM
(#25072042)
> Since COVID-19 took hold, roughly around March 2020, the market hasn't really been depressed, has it?
That's because the Fed said "money printers go brrr!". If it weren't for massive massive massive repeated cash injections into the market to maintain liquidity, we would have had a crash.
I believe tales of our "recession" are greatly exaggerated. Since COVID-19 took hold, roughly around March 2020, the market hasn't really been depressed, has it?