The world is tipping into the mother of all recessions. And yet the stock markets are on a tear like nothing’s happened. As I mentioned in COVID-19 is a Black Swan, but not for the reason you think, this is the state of the real economy in the US: And here’s the S&P 500, halfway back to its previous highs.
What the hell is going on with the stock markets?
What the hell is going on with the stock…
What the hell is going on with the stock markets?
The world is tipping into the mother of all recessions. And yet the stock markets are on a tear like nothing’s happened. As I mentioned in COVID-19 is a Black Swan, but not for the reason you think, this is the state of the real economy in the US: And here’s the S&P 500, halfway back to its previous highs.