@3volver@lemmy.world to News@lemmy.worldEnglish • 3 months agoS&P 500 is 'bizarrely overvalued' and could crash 49% as recession sets in, elite strategist saysmarkets.businessinsider.comexternal-linkmessage-square57fedilinkarrow-up1196arrow-down147
arrow-up1149arrow-down1external-linkS&P 500 is 'bizarrely overvalued' and could crash 49% as recession sets in, elite strategist saysmarkets.businessinsider.com@3volver@lemmy.world to News@lemmy.worldEnglish • 3 months agomessage-square57fedilink
minus-square@bradorsomethinglink3•3 months agoYou’re very correct. The market is very much a predator and prey relationship, and the justifications afterwards are for the fans at home. I once saw the whole market tilt because one man (Bill Hwang) lost his leveraged multibillion dollar position.
You’re very correct. The market is very much a predator and prey relationship, and the justifications afterwards are for the fans at home. I once saw the whole market tilt because one man (Bill Hwang) lost his leveraged multibillion dollar position.