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Response to EarthFirst (Original post)

Fri Apr 24, 2020, 07:53 AM

2. Yes, I'm confused

There’s been talk of potential recession after a 12 yr bull market before covid. Now that covid has hit and the world economy has shut down, we had a minor market crash (compared to previous recessions) and everyone is talking about a recovery before that has even hit the fan. This makes no sense to me. Do folks not realize that things are not going back to “normal” in a few months? No way the market could have “priced in” what no one wants to believe.

I see potential collapse of so many interrelated industries, yet it seems Wall Street folks are seeing this as a great opportunity to buy low, I guess that’s what happens you socialize big business. The market will always go up, because we’ll always bail it out.

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Replies to this discussion thread
Arrow 2 replies Author Time Post
EarthFirst Apr 2020 OP
Amishman Apr 2020 #1
LineNew Reply Yes, I'm confused
elias7 Apr 2020 #2
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