Ask HN: Is the stock market different this time?

Posted by yuningalexliu on Saturday January 23, 2021 @05:25PM
from the ask-hn dept.

The stock market is at all-time high and this last bull run has been the longest in history.

However, I'm increasingly nervous that a big downturn is around the corner and am considering moving a significant portion to bonds. COVID is still ravaging my local economy and I'm concerned about the new variants.

But when I poll my friends, everyone seems to be super optimistic and pouring even more money into the stock market - and they're reaping big gains!

Do you think a significant downturn is coming (as has followed all major bull runs in my brief survey of history)? Or is something fundamentally different this time about this bull run that I don't understand?

( 4 comments | 2 points | on HN )

Re:Ask HN: Is the stock market different this time? by simonblack on Saturday January 23, 2021 @06:41PM (#25887225)

The most expensive four words in the world: "This Time It's Different!"

That's what they were saying when the Dot.Com Bubble was at its height. But it wasn't, of course. And many blue chip companies died a horrible death, as well as the Dot.Com Darlings

[ Parent | on HN ]

Re:Ask HN: Is the stock market different this time? by a3n on Saturday January 23, 2021 @06:33PM (#25887156)

IMO, if people are asking this question again, then, no.

[ Parent | on HN ]

Re:Ask HN: Is the stock market different this time? by streetcat1 on Saturday January 23, 2021 @07:58PM (#25887712)

In the stock market always ask : who's selling? I.e. who is on the other side of the trade? Is he smarter than me?

[ Parent | on HN ]

Re:Ask HN: Is the stock market different this time? by fuzzfactor on Saturday January 23, 2021 @08:31PM (#25888011)

Different than what?

And how different can it be?

[ Parent | on HN ]