The Rational Expectations Theory in action. We get a little more used to sucking everyday. We then decide that everything is a little less valuable. The loss of S&P 500 value probably tracks a loss of morale. The beatings will continue until that morale improves.
The Rational Expectations Theory in action. We get a little more used to sucking everyday. We then decide that everything is a little less valuable. The loss of S&P 500 value probably tracks a loss of morale. The beatings will continue until that morale improves.
I recall feeling bad for those retirees whose nest eggs were slashed back in 2008, only to become one in 2022.
Shorts need to grow a pair, lol. Shorting the market is never easy. Always appreciate your take, sir. Multiple percent swings intraday always a blast!
*gulp*
I lost about 25% in 2008 but it came back stronger. We seem to elect a pro-business president when we need one. I think (hope) we do it this time too.