Posted by ridgetopab on 25th of May 2020 at 06:12 pm
Feeding the Headlines re: Roubini...
News media takes most economist opinions and turns them into
predictions when they are just descriptions of potential scenarios
that could play out.
Good to think outside the box and have alternate views so you
don't get trapped in a strategy that could back fire. Example
is the thinking that inflation will suddenly be an issue but, with
Roubini's view it may be relatively minor for hard goods while
having a major impact on the financials. Manage your stops
and be ready to change directions as the situation develops.
Possible factor behind recent pop and drop stock moves:
Feeding the Headlines re: Roubini... News
This ought to be read. Roubini predicted the housing bubble ...
Posted by ridgetopab on 25th of May 2020 at 06:12 pm
Feeding the Headlines re: Roubini...
News media takes most economist opinions and turns them into predictions when they are just descriptions of potential scenarios that could play out.
Good to think outside the box and have alternate views so you don't get trapped in a strategy that could back fire. Example is the thinking that inflation will suddenly be an issue but, with Roubini's view it may be relatively minor for hard goods while having a major impact on the financials. Manage your stops and be ready to change directions as the situation develops.
Possible factor behind recent pop and drop stock moves:
https://www.businessinsider.com/perfect-storm-of-stupid-in-stock-market-right-now-2020-5
Scarier than the Roubini article:
https://nymag.com/intelligencer/2020/05/andrew-sullivan-with-trump-the-pathology-is-the-point.html
interesting times