HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Topics » Economy & Education » Economy (Group) » Stocks are rocketing UP t... » Reply #22

Response to at140 (Reply #18)

Tue Apr 14, 2020, 04:11 PM

22. Everyone seems to have an opinion based on their favorite metrics or ideological predispositions

Last edited Tue Apr 14, 2020, 04:58 PM - Edit history (1)

or whatever. I think it is headed generally down. I think we're headed for a severe recession (and I'm not talking about something that lasts just a couple of months, obviously we're in that now), and the market hasn't priced that in yet. Most in financial pundit-land seem to think that the worst is behind us. And obviously so do investors in general -- with the S&P 500 (2846) up 23.5% from its March 20 bottom (2305), as of today's close.

Then there are the perma-bears (many in this group) that have been yammering about Shillers CAPE ratio or Buffett's total U.S. stock market valuation to GDP ratio since about 2014. And bubble this and bubble that and bubble bubble bubble. And of course the orange shit-gibbon indicator ever since Nov 8, 2016 (S&P 500 closed that afternoon at 2140).

So be it, the tug of war between the bulls and the bears.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 33 replies Author Time Post
at140 Apr 2020 OP
mucifer Apr 2020 #1
jmbar2 Apr 2020 #2
at140 Apr 2020 #7
LiberalArkie Apr 2020 #3
TreadSoftly Apr 2020 #4
liberalla Apr 2020 #11
rampartc Apr 2020 #5
unblock Apr 2020 #6
at140 Apr 2020 #9
unblock Apr 2020 #12
at140 Apr 2020 #17
The Velveteen Ocelot Apr 2020 #26
at140 Apr 2020 #28
NoMoreRepugs Apr 2020 #8
LastLiberal in PalmSprings Apr 2020 #31
progree Apr 2020 #10
jmbar2 Apr 2020 #16
at140 Apr 2020 #18
LineLineLineReply Everyone seems to have an opinion based on their favorite metrics or ideological predispositions
progree Apr 2020 #22
Girard442 Apr 2020 #13
customerserviceguy Apr 2020 #14
FBaggins Apr 2020 #15
at140 Apr 2020 #20
FBaggins Apr 2020 #24
at140 Apr 2020 #27
Warpy Apr 2020 #19
at140 Apr 2020 #21
Warpy Apr 2020 #25
at140 Apr 2020 #29
xyoungblood Apr 2020 #23
Mike Nelson Apr 2020 #30
getagrip_already Apr 2020 #32
progree Apr 2020 #33
Please login to view edit histories.